N-6
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May 01, 2026
USD ($)
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| Prospectus: |
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| Document Type |
N-6
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| Entity Registrant Name |
LINCOLN LIFE FLEXIBLE PREMIUM VARIABLE LIFE ACCOUNT S
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| Entity Central Index Key |
0001080299
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| Entity Investment Company Type |
N-6
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| Document Period End Date |
May 01, 2026
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| Amendment Flag |
false
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| Lincoln Corporate Exec VUL |
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| Item 2. Key Information [Line Items] |
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| Fees and Expenses [Text Block] |
Charges for
Early
Withdrawals |
There are no Surrender Charges associated with this Policy. |
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You may be charged for other transactions, such as when you make a
Premium Payment, transfer Policy Value between Sub-Accounts or
exercise certain benefits. |
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Ongoing Fees
and Expenses
(annual
charges) |
•In addition to transaction charges, there are certain ongoing fees and
expenses that are charged annually, monthly or daily.
•These fees include the Cost of Insurance Charge under the Policy,
optional benefit charges, Administrative Fees, Mortality and Expense
Risk Charges and Policy Loan Interest.
•Certain fees are set based on characteristics of the Insured (e.g., age,
gender, and rating classification). You should review your Policy
Specifications page for rates applicable to you.
•Owners will also bear expenses associated with the Underlying Funds
under the Policy, as shown in the following table: |
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Underlying Fund Fees and Expenses* |
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*As a percentage of Underlying Fund assets. |
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| Charges for Early Withdrawals [Text Block] |
Charges for
Early
Withdrawals |
There are no Surrender Charges associated with this Policy. |
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| Transaction Charges [Text Block] |
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You may be charged for other transactions, such as when you make a
Premium Payment, transfer Policy Value between Sub-Accounts or
exercise certain benefits. |
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| Ongoing Fees and Expenses [Table Text Block] |
Ongoing Fees
and Expenses
(annual
charges) |
•In addition to transaction charges, there are certain ongoing fees and
expenses that are charged annually, monthly or daily.
•These fees include the Cost of Insurance Charge under the Policy,
optional benefit charges, Administrative Fees, Mortality and Expense
Risk Charges and Policy Loan Interest.
•Certain fees are set based on characteristics of the Insured (e.g., age,
gender, and rating classification). You should review your Policy
Specifications page for rates applicable to you.
•Owners will also bear expenses associated with the Underlying Funds
under the Policy, as shown in the following table: |
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Underlying Fund Fees and Expenses* |
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*As a percentage of Underlying Fund assets. |
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| Investment Options (of Average Annual Net Assets) Minimum [Percent] |
0.23%
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| Investment Options (of Average Annual Net Assets) Maximum [Percent] |
3.38%
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| Investment Options Footnotes [Text Block] |
As a percentage of Underlying Fund assets.
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| Risks [Table Text Block] |
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You can lose money by investing in the Policy, including loss of
principal. |
•Principal
Risks of
Investing in
the Policy |
Not a Short-
Term Investment |
•This Policy is not a short-term investment vehicle and is not
appropriate for an investor who needs ready access to cash.
•Charges may reduce the value of your Policy and death benefit.
•Tax deferral is more beneficial to investors with a long-time horizon. |
•Principal
Risks of
Investing in
the Policy
•Policy
Charges and
Fees |
Risks
Associated with
Investment
Options |
•An investment in the Policy is subject to the risk of poor investment
performance of the investment options. Performance can vary
depending on the performance of the investment options available
under the Policy.
•Each investment option(including a Fixed Account investment option)
has its own unique risks. You should review each Underlying Fund’s
prospectus before making an investment decision. |
•Principal
Risks of
Investing in
the Policy |
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•Any obligations, guarantees, and benefits of the contract including the
Fixed Account investment option are subject to the claims-paying
ability of Lincoln Life. If Lincoln Life experiences financial distress, it
may not be able to meet its obligations to you. More information about
Lincoln Life, including its financial strength ratings, is available upon
request from Lincoln Life by calling 1-877-533-0117 or by visiting
https://www.lfg.com/public/aboutus/investorrelations/
financialinformation.
•You may obtain our audited statutory financial statements, any
unaudited statutory financial statements that may be available as well
as ratings information by visiting our website at www.lfg.com/
VULprospectus. |
•Principal
Risks of
Investing in
the Policy
•Lincoln Life,
the Separate
Account and
the General
Account |
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•Sufficient Premiums must be paid to keep your Policy in force. There
is a risk of lapse if Premiums are too low in relation to the insurance
amount and if investment results of the Sub-Accounts you have
chosen are adverse or are less favorable than anticipated.
•Outstanding Policy Loans (plus interest) and Partial Surrenders will
increase the risk of lapse. The death benefit will not be paid if the
Policy has lapsed. |
•Principal
Risks of
Investing in
the Policy
•Lapse and
Reinstatement |
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| Investment Restrictions [Text Block] |
•We reserve the right to charge for each transfer between Sub-Accounts in excess of 24 transfers per year.•We reserve the right to add, remove, or substitute Sub-Accounts as investment options under the Policy, subject to state or federal laws and regulations. An Underlying Fund may be merged into another Underlying Fund. An Underlying Fund may discontinue offering their shares to the Sub-Accounts.•There are significant limitations on your right to transfer amounts in the Fixed Account and, due to these limitations, if you want to transfer the entire balance of the Fixed Account to one or more Sub-Accounts, it may take several years to do so.
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| Optional Benefit Restrictions [Text Block] |
•Riders may alter the benefits or charges in your Policy. Rider availability and benefits may vary by state of issue or selling broker-dealer and their election may have tax consequences. Riders may have restrictions or limitations, and we may modify or terminate a rider, as allowed. If you elect a particular rider, it may restrict or enhance the terms of your policy, or restrict the availability or terms of other riders or Policy features.
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| Tax Implications [Text Block] |
•You should always consult with a tax professional to determine the tax implications of an investment in and payments received under the Policy.•There is no additional tax benefit to you if the Policy is purchased through a tax-qualified plan.•Withdrawals may be subject to ordinary income tax, and may be subject to tax penalties.
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| Investment Professional Compensation [Text Block] |
•Investment professionals typically receive compensation for selling the Policy to investors.•Registered representatives may have a financial incentive to offer or recommend the Policy over another investment for which the investment professional is not compensated (or compensated less).•Registered representatives may be eligible for certain cash and non-cash benefits. Cash compensation includes bonuses and allowances based on factors such as sales, productivity and persistency. Non-cash compensation includes various recognition items such as prizes and awards as well as attendance at, and payment of the costs associated with attendance at, conferences, seminars and recognition trips, and also includes contributions to certain individual plans such as pension and medical plans.
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| Exchanges [Text Block] |
•Some investment professionals may have a financial incentive to offer you a new contract in place of the one you already own. You should only exchange your Policy if you determine, after comparing the features, fees, and risks of both policies, that it is preferable for you to purchase the new policy rather than continue to own the existing policy.
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| Item 4. Fee Table [Text Block] |
Fee TableThe following tables describe the fees and expenses that you will pay when buying, owning, and surrendering or making withdrawals from the Policy. Please refer to your Policy Specifications for information about the specific fees you will pay each year based on the options you have elected. The fees shown in the tables below are the maximums we can charge.Transaction FeesThe first table describes the fees and expenses that you will pay at the time that you buy your Policy, surrender or make withdrawals from your Policy, or transfer cash value between Sub-Accounts.
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Maximum Sales Charge
Imposed on Premiums
(Load) |
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As a percentage of the Premium
Payment paid: |
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Up to a 5% charge included in the
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Maximum Deferred
Acquisition Cost (DAC) Tax
(Load) |
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Maximum Deferred Sales
Charge (Load) |
When you take a Full Surrender or
Partial Surrender of your Policy |
There is no charge for surrendering
your Policy or for a Partial Surrender. |
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Applied to any transfer request in
excess of 24 made during any Policy
Year |
$25 for each additional transfer | 1Charges range from 0% to 5%, depending on state of issue.Periodic Charges Other than Annual Underlying Fund Fees and Operating ExpensesThe next table describes the fees and expenses that you will pay periodically during the time that you own the Policy, not including Underlying Fund fees and operating expenses.
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As a dollar amount per $1,000 of Net
Amount at Risk1: |
•Maximum: $83.33 per $1,000 |
•Minimum: $0.00 per $1,000 |
•Maximum Charge for a
Representative Insured (male, age
45, standard non-tobacco, in year
one): $0.19 per $1,000 |
Mortality and Expense Risk
Charge (“M&E”) |
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Maximum of 0.65%, as a percentage of
Separate Account Value, calculated
monthly |
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Maximum of $10, plus an additional
amount up to a maximum of $0.84 per
$1,000 of Specified Amount |
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The greater of 1.50%, or Moody’s
Investors Service, Inc. Corporate Bond
Yield Average – Monthly Average
Corporates for the calendar month
which ends two months prior to the
Policy Anniversary |
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As a dollar amount per $1,000 of Net
Amount at Risk: |
•Maximum: $83.33 per $1,000 |
•Minimum: $0.00 per $1,000 |
•Maximum Charge for a
Representative Insured (male, age
45, standard non-tobacco): $0.19
per $1,000 | *Charge varies based on individual characteristics of the Insured. The charges and costs shown in the tables may not be representative of the charges and costs that a particular Owner will pay. You may obtain more information about the particular charges, cost of insurance, and the cost of certain riders that would apply to you by requesting a personalized policy Illustration from your registered representative.1Individuals with higher mortality risk than standard issue individuals can be charged from 125% to 800% of the standard rate.The next table shows the minimum and maximum total operating expenses charged by the Underlying Funds that you may pay periodically during the time that you own the Policy. A complete list of Underlying Funds available under the Policy, including their annual expenses, may be found in Appendix A: Funds Available Under the Policy.
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(expenses are deducted from fund assets, including management fees, distribution,
and/or 12b-1 fees, and other expenses) |
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| 1The Total Annual Operating Expenses shown in the table do not reflect waivers and reductions. Refer to the Underlying Fund’s prospectus for specific information on any waivers or reductions in effect.
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| Transaction Expenses [Table Text Block] |
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Maximum Sales Charge
Imposed on Premiums
(Load) |
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As a percentage of the Premium
Payment paid: |
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Up to a 5% charge included in the
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Maximum Deferred
Acquisition Cost (DAC) Tax
(Load) |
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Maximum Deferred Sales
Charge (Load) |
When you take a Full Surrender or
Partial Surrender of your Policy |
There is no charge for surrendering
your Policy or for a Partial Surrender. |
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Applied to any transfer request in
excess of 24 made during any Policy
Year |
$25 for each additional transfer | 1Charges range from 0% to 5%, depending on state of issue.
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| Sales Load, Description [Text Block] |
Maximum Sales Charge Imposed on Premiums (Load)
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| Sales Load, When Deducted [Text Block] |
When you pay a Premium
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| Sales Load (of Premium Payments), Maximum [Percent] |
5.00%
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| Premium Taxes, Description [Text Block] |
Premium Tax
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| Premium Taxes, When Deducted [Text Block] |
When you pay a Premium
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| Premium Taxes (of Premium Payments), Maximum [Percent] |
5.00%
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| Premium Taxes, Footnotes [Text Block] |
Charges range from 0% to 5%, depending on state of issue.
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| Deferred Sales Charge, Description [Text Block] |
Maximum Deferred Sales Charge (Load)
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| Deferred Sales Charge, When Deducted [Text Block] |
When you take a Full Surrender or Partial Surrender of your Policy
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| Deferred Sales Load (of Amount Surrendered), Maximum [Percent] |
0.00%
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| Transfer Fees, Description [Text Block] |
Transfer Fee
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| Transfer Fees, When Deducted [Text Block] |
Applied to any transfer request in excess of 24 made during any Policy Year
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| Transfer Fee, Maximum [Dollars] |
$ 25
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| Periodic Charges [Table Text Block] |
Periodic Charges Other than Annual Underlying Fund Fees and Operating ExpensesThe next table describes the fees and expenses that you will pay periodically during the time that you own the Policy, not including Underlying Fund fees and operating expenses.
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As a dollar amount per $1,000 of Net
Amount at Risk1: |
•Maximum: $83.33 per $1,000 |
•Minimum: $0.00 per $1,000 |
•Maximum Charge for a
Representative Insured (male, age
45, standard non-tobacco, in year
one): $0.19 per $1,000 |
Mortality and Expense Risk
Charge (“M&E”) |
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Maximum of 0.65%, as a percentage of
Separate Account Value, calculated
monthly |
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Maximum of $10, plus an additional
amount up to a maximum of $0.84 per
$1,000 of Specified Amount |
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The greater of 1.50%, or Moody’s
Investors Service, Inc. Corporate Bond
Yield Average – Monthly Average
Corporates for the calendar month
which ends two months prior to the
Policy Anniversary |
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As a dollar amount per $1,000 of Net
Amount at Risk: |
•Maximum: $83.33 per $1,000 |
•Minimum: $0.00 per $1,000 |
•Maximum Charge for a
Representative Insured (male, age
45, standard non-tobacco): $0.19
per $1,000 | *Charge varies based on individual characteristics of the Insured. The charges and costs shown in the tables may not be representative of the charges and costs that a particular Owner will pay. You may obtain more information about the particular charges, cost of insurance, and the cost of certain riders that would apply to you by requesting a personalized policy Illustration from your registered representative.1Individuals with higher mortality risk than standard issue individuals can be charged from 125% to 800% of the standard rate.
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| Insurance Cost, Description [Text Block] |
Cost of Insurance*
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| Insurance Cost, When Deducted [Text Block] |
Monthly
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| Insurance Cost, Representative Investor [Text Block] |
Maximum Charge for a Representative Insured (male, age 45, standard non-tobacco, in year one): $0.19 per $1,000
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| Insurance Cost (of Face Amount), Maximum [Percent] |
83.33%
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| Insurance Cost (of Face Amount), Minimum [Percent] |
0.00%
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| Insurance Cost, Footnotes [Text Block] |
Individuals with higher mortality risk than standard issue individuals can be charged from 125% to 800% of the standard rate.
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| Mortality and Expense Risk Fees, Description [Text Block] |
Mortality and Expense Risk Charge (“M&E”)
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| Mortality and Expense Risk Fees, When Deducted [Text Block] |
Monthly
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| Mortality And Expense Risk Fees (of Face Amount), Maximum [Percent] |
0.65%
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| Administrative Expenses, Description [Text Block] |
Administrative Fee*
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| Administrative Expenses, When Deducted [Text Block] |
Monthly
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| Administrative Expense, Maximum [Dollars] |
$ 10
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| Administrative Expense (of Face Amount), Maximum [Percent] |
0.84%
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| Annual Portfolio Company Expenses [Table Text Block] |
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(expenses are deducted from fund assets, including management fees, distribution,
and/or 12b-1 fees, and other expenses) |
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| Portfolio Company Expenses [Text Block] |
(expenses are deducted from fund assets, including management fees, distribution, and/or 12b-1 fees, and other expenses)
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| Portfolio Company Expenses Minimum [Percent] |
0.23%
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| Portfolio Company Expenses Maximum [Percent] |
3.38%
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| Portfolio Company Expenses, Footnotes [Text Block] |
The Total Annual Operating Expenses shown in the table do not reflect waivers and reductions. Refer to the Underlying Fund’s prospectus for specific information on any waivers or reductions in effect.
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| Item 5. Principal Risks [Table Text Block] |
PRINCIPAL RISKS OF INVESTING IN THE POLICYFluctuating Investment Performance. A Sub-Account will increase and decrease in value according to investment performance of the Underlying Fund. Policy values in the Sub-Accounts are not guaranteed. If you put money into the Sub-Accounts, you assume all the investment risk on that money. A comprehensive discussion of each Sub-Account’s and Underlying Fund’s objective and risk is found in this prospectus and in each Underlying Fund’s prospectus, respectively. You should review these prospectuses before making your investment decision. Your choice of Sub-Accounts and the performance of the Underlying Funds will impact the Policy’s Accumulation Value (may also be referred to in some riders as “Total Account Value”) and will impact how long the Policy remains in force, its tax status, and the amount of Premium you need to pay to keep the Policy in force.Policy Values in the Fixed Account. Premium Payments and policy values allocated to the Fixed Account are held in the Company’s General Account. Note that there are significant limitations on your right to transfer amounts in the Fixed Account and, due to these limitations, if you want to transfer the entire balance of the Fixed Account to one or more Sub-Accounts, it may take several years to do so. Therefore, you should carefully consider whether the Fixed Account meets your investment needs. We issue other types of insurance policies and financial products. In addition to any amounts we are obligated to pay in excess of policy value under the Policy, we also pay our obligations under other types of insurance policies and financial products. We are also responsible for providing for all administrative services necessary in connection with the contracts (and bearing all of the associated expenses). Moreover, unlike assets held in the Separate Account, the assets of the General Account are subject to the general liabilities of the Company and, therefore, to the Company’s General Account creditors. In the event of an insolvency of receivership, payments we make from our General Account to satisfy claims under the Policy would generally receive the same priority as our other Owners’ obligations.The General Account is not segregated or insulated from the claims of the insurance company’s creditors. Investors look to the financial strength of the insurance company’s fulfillment of the contractual promises and guarantees we make to you in the Policy, including those relating to the payment of death benefits. Therefore, guarantees provided by the insurance company as to benefits promised in the prospectus are subject to the claims-paying ability of the insurance company and are subject to the risk that the insurance company may not be able to cover or may default on its obligations under those guarantees.For more information, please see the “Lincoln Life, The Separate Account and The General Account” sections of the Statement of Additional Information (SAI) or the “Transfers” section of this prospectus.Unsuitable for Short-Term Investment. This Policy is intended for long-term financial and investment planning for persons needing death benefit coverage, and it is unsuitable for short-term goals. Your Policy is not designed to serve as a vehicle for frequent trading.Policy Lapse. Sufficient Premiums must be paid to keep your Policy in force. There is a risk of lapse if Premiums are too small in relation to the insurance amount and if investment results of the Sub-Accounts you have chosen are adverse or are less favorable than anticipated. Outstanding Policy Loans and Partial Surrenders will increase the risk of lapse.Policy Loans. Outstanding Policy Loans and accrued interest reduce the Policy's death benefit and Accumulation Value. If at any time the total Debt against your Policy, including interest accrued but not due, equals or exceeds the then current Accumulation Value less Surrender Charges, the Policy will terminate subject to the conditions in the Grace Period provision. If your Policy lapses while a loan is outstanding, the borrowed amount may be taxable to you to the extent your Policy's value exceeds your basis in the Policy. There may be adverse tax consequences in the event that your Policy lapses with an outstanding loan balance.Decreasing Death Benefit. Any outstanding Policy Loans and any amount that you have surrendered will reduce your Policy’s death benefit. Depending upon your choice of death benefit option, adverse performance of the Sub-Accounts you choose may also decrease your Policy's death benefit.Consequences of Surrender. Partial Surrenders may reduce the policy value and death benefit, and may increase the risk of lapse. To avoid lapse, you may be required to make additional Premium Payments. Full or Partial Surrenders may result in tax consequences.Tax Consequences. You should always consult a tax advisor about the application of federal, state and local tax rules to your individual situation. The federal income tax treatment of life insurance is complex and the current tax treatment of life insurance may change. There are other federal tax consequences such as estate, gift and generation skipping transfer taxes, as well as state and local income, estate and inheritance tax consequences.Tax Treatment of Life Insurance Contracts. Your Policy is designed to qualify for the favorable tax treatment afforded life insurance, including the exclusion of death benefits from income tax, the ability to take distributions and loans over the life of your Policy, and the deferral of taxation of any increase in the value of your Policy. If the Policy does fail to qualify as life insurance, you will be subject to the denial of those important benefits. In addition, if you pay more Premiums than permitted under the federal tax law your Policy will be classified as a Modified Endowment Contract (“MEC”) whereby only the tax benefits applicable to death benefits will apply and distributions will be subject to immediate taxation and to an added penalty tax.Tax Law Compliance. We believe that the Policy will satisfy the federal tax law definition of life insurance, and we will monitor your Policy for compliance with the tax law requirements. The discussion of the tax treatment of your Policy is based on the current Policy, as well as the current rules and regulations governing life insurance. Please note that changes made to the Policy, as well as any changes in the current tax law requirements, may affect the Policy’s qualification as life insurance or may have other tax consequences.Cybersecurity and Business Interruption Risks. We rely heavily on our computer systems and those of our business partners and service providers to conduct our business. As such, our business is vulnerable to cybersecurity risks and business interruption risks. These risks include, among other things, the theft, loss, misuse, corruption and destruction of data; interference with or denial of service; attacks on websites or systems; operational disruptions; and unauthorized release of confidential customer or business information. Cybersecurity risks affecting us, any third-party administrators, underlying funds, index providers, intermediaries, and service providers may adversely affect us and/or your Policy. For instance, systems failures and cyberattacks may interfere with our processing of Policy transactions, including order processing; impact our ability to calculate Policy values; cause the release and possible destruction of confidential customer or business information; and/or subject us to regulatory fines, litigation, financial losses or reputational damage. Cybersecurity risks may also impact the issuers of securities in which the Underlying Funds invest (or the securities that compose an Index), which may cause your Policy to lose value. There can be no assurance that systems disruptions, cyberattacks and information security breaches will always be detected, prevented, or avoided in the future. In addition to cybersecurity risks, we are exposed to risks related to natural and man-made disasters, such as (but not limited to) storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts. Any such disasters could interfere with our business and our ability to administer the Policy. For example, they could lead to delays in our processing of Policy transactions, including orders from Policy Owners, or could negatively impact our ability to calculate Policy values. They may also impact the issuers of securities in which the Underlying Funds invest (or the securities that compose an Index), which may cause your Policy to lose value. There can be no assurance that negative impacts associated with natural and man-made disasters will always be avoided.
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| Item 10. Standard Death Benefits (N-6) [Table Text Block] |
DEATH BENEFITSThe Death Benefit Proceeds is the amount payable to the Beneficiary upon the death of the Insured, based upon the death benefit option in effect. Loans, loan interest, and overdue charges, if any, are deducted from the Death Benefit Proceeds prior to payment.Death Benefit ProceedsProof of death should be furnished to us at our Administrative Office as soon as possible after the death of the Insured. This notification must include a certified copy of an official death certificate, a certified copy of a decree of a court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.After receipt at our Administrative Office of proof of death of the Insured and any other necessary claims requirements, the Death Benefit Proceeds will be paid. The proceeds will be paid in a lump sum or in accordance with any settlement option selected by the Owner or the Beneficiary. Payment of the Death Benefit Proceeds may be delayed if your Policy is contested or if Separate Account Values cannot be determined. Every state has unclaimed property laws which generally declare property, including monies owed (such as death benefits) to be abandoned if unclaimed or uncashed after a period of three to five years from the date the property is intended to be delivered or date the death benefit is due and payable. For example, if the payment of a death benefit has been triggered and, if after a thorough search, we are still unable to locate the Beneficiary of the death benefit, or the Beneficiary does not come forward to claim the death benefit in a timely manner, the death benefit will be paid to the abandoned property division or unclaimed property office of the state in which the Beneficiary or the Owner last resided, as shown on our books and records, or to our state of domicile. This “escheatment” is revocable, however, and the state is obligated to pay the death benefit (without interest) if your Beneficiary steps forward to claim it with the proper documentation. To prevent such escheatment, it is important that you contact us and update your Beneficiary designations, including addresses, if and as they change.Death Benefit OptionsThree different death benefit options are available. Regardless of which death benefit option you choose, the Death Benefit Proceeds payable will be the greater of:1) the amount determined by the death benefit option in effect on the date of the death of the Insured, less any Debt, or2) a percentage of the Accumulation Value equal to that required by the Internal Revenue Code to maintain the Policy as a life insurance policy, less any Debt. This is also called the minimum required death benefit, and will vary depending on the life insurance qualification method you have chosen for your Policy.Death Benefit Proceeds under either calculation will be reduced by any loan balance plus any accrued interest, and any overdue deductions.The following table provides more information about the death benefit options:
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Death Benefit Proceeds Equal to the |
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Specified Amount, which includes the Accumulation Value as of the
date of the Insured’s death. |
Generally provides a level death
benefit |
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Sum of the Specified Amount plus the Accumulation Value as of the
date of the Insured’s death. |
May increase or decrease over
time, depending on the amount
of Premium paid and the
investment performance of the
underlying Sub-Accounts or the
Fixed Account. |
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Specified Amount plus the accumulated Premiums (all Premiums
paid from the Date of Issue accumulated at the Premium
accumulation rate chosen by you before policy issue and shown in
the Policy Specifications pages), less withdrawals as of the date of
the Insured’s death. |
Will generally increase,
depending on the amount of
Premium paid. | If your Policy includes a Term Insurance Rider, the target face amount replaces the Specified Amount in each of the death benefit options.If for any reason the Owner does not elect a particular death benefit option, Option 1 will apply until changed by the Owner.Changes to the Initial Specified Amount and Death Benefit OptionsWithin certain limits, you may decrease or, with satisfactory evidence of insurability, increase the Specified Amount. The minimum Specified Amount is currently $100,000. Policies issued with a Term insurance Rider may be issued with a Minimum Specified Amount of no less than $1,000.The death benefit option may be changed by the Owner, subject to our consent, as long as the Policy is in force.You must submit all requests for changes among death benefit options and changes in the Specified Amount in writing to our Administrative Office. If you request a change, a supplemental application and evidence of insurability must also be submitted to us.
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The new Specified Amount will equal the Specified Amount prior to the change minus the
Accumulation Value at the time of the change. |
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The new Specified Amount will equal the Specified Amount prior to the change plus the
Accumulation Value at the time of the change. |
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Changes from Option 1 to Option 3 are not allowed. |
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The new Specified Amount will equal the Specified Amount prior to the change plus the
accumulated Premiums, less withdrawals (all Premiums paid from the Date of Issue
accumulated at the Premium accumulation rate chosen by you before policy issue and shown in
the Policy Specifications pages), at the time of the change. |
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Changes from Option 2 to Option 3 are not allowed. |
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Changes from Option 3 to Option 2 are not allowed. | Any Reductions in Specified Amount will be made against the Initial Specified Amount and any later increase in the Specified Amount on a last in, first out basis. Changes in Specified Amount do not affect the Premium Load as a percentage of Premium.We may decline any request for change of the death benefit option or Reduction in Specified Amount if, after the change, the Specified Amount would be less than the minimum Specified Amount or would reduce the Specified Amount below the level required to maintain the Policy as life insurance for purposes of federal income tax law.Any change is effective on the first Monthly Deduction day on, or after, the date of approval of the request by Lincoln Life. If the Monthly Deduction amount would increase as a result of the change, the change will be effective on the first Monthly Deduction day on which the Accumulation Value is equal to, or greater than, the Monthly Deduction amount.Death Benefit Qualification TestYou will have the opportunity to choose between the two death benefit qualification tests defined in Section 7702 of the Internal Revenue Code of 1986 as amended (“Code”), the “Cash Value Accumulation Test” and the “Guideline Premium Test”. If you do not choose a death benefit qualification test at that time, you will be deemed to have chosen the Cash Value Accumulation Test. Once your Policy has been issued and is in force, the death benefit qualification test cannot be changed. The Cash Value Accumulation Test is not available if you choose Death Benefit Option 3.The Guideline Premium Test calculates the maximum amount of Premium that may be paid to provide the desired amount of insurance for an Insured of a particular age. Because payment of a Premium amount in excess of this amount will disqualify the Policy as life insurance, we will return to you any amount of such excess. The test also applies a prescribed percentage factor, to determine a minimum ratio of death benefit to Accumulation Value. A table of the applicable percentage factors will be included as a part of the Policy Specifications when you receive your Policy.The Cash Value Accumulation Test requires that the death benefit be sufficient to prevent the Accumulation Value from ever exceeding the “Net Single Premium” required to fund the future benefits under the Policy. (The “Net Single Premium” is calculated in accordance with Section 7702 of the Code and is based on the Insured’s age, risk classification and gender.) At any time the Accumulation Value is greater than the Net Single Premium for the proposed death benefit, the death benefit will be automatically increased by multiplying the Accumulation Value by a percentage that is defined as $1,000 divided by the Net Single Premium. A table of the applicable percentage factors will be included as a part of the Policy Specifications when you receive your Policy.The tests differ as follows:(1)The Guideline Premium Test expressly limits the amount of Premium that you can pay into your Policy; while the Cash Value Accumulation Test does not.(2)The factors that determine the minimum death benefit relative to the Policy’s Accumulation Value are different and required increases in the minimum death benefit due to growth in Accumulation Value will generally be greater under the Cash Value Accumulation Test.(3)If you wish to pay more Premium than is permitted under the Guideline Premium Test, for example to target a funding objective, you should consider the Cash Value Accumulation Test, because it generally permits the payment of higher amounts of Premium. Please note that payment of higher Premiums could also cause your Policy to be deemed a MEC (see Tax Issues, sub-section Policies That Are MEC’s in your prospectus).(4)If your primary objective is to maximize the potential for growth in Accumulation Value, or to conserve Accumulation Value, generally the Guideline Premium Test will better serve this objective. (5)While application of either test may require an increase in death benefit, any increase in the Cost of Insurance Charges that arises as a result of the increase in the Policy’s Net Amount at Risk will generally be less under the Guideline Premium Test than under the Cash Value Accumulation Test. This is because the required adjustment to the death benefit under the Guideline Premium Test is lower than that which would result under the Cash Value Accumulation Test. You should consult with a qualified tax advisor before choosing the death benefit qualification test. Please ask your registered representative for Illustrations which demonstrate the impact of selection of each test on the particular Policy, including any riders, which you are considering.
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| Additional Information about Standard Death Benefits, Note (N-6) [Text Block] |
Changes to the Initial Specified Amount and Death Benefit OptionsWithin certain limits, you may decrease or, with satisfactory evidence of insurability, increase the Specified Amount. The minimum Specified Amount is currently $100,000. Policies issued with a Term insurance Rider may be issued with a Minimum Specified Amount of no less than $1,000.The death benefit option may be changed by the Owner, subject to our consent, as long as the Policy is in force.You must submit all requests for changes among death benefit options and changes in the Specified Amount in writing to our Administrative Office. If you request a change, a supplemental application and evidence of insurability must also be submitted to us.
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The new Specified Amount will equal the Specified Amount prior to the change minus the
Accumulation Value at the time of the change. |
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The new Specified Amount will equal the Specified Amount prior to the change plus the
Accumulation Value at the time of the change. |
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Changes from Option 1 to Option 3 are not allowed. |
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The new Specified Amount will equal the Specified Amount prior to the change plus the
accumulated Premiums, less withdrawals (all Premiums paid from the Date of Issue
accumulated at the Premium accumulation rate chosen by you before policy issue and shown in
the Policy Specifications pages), at the time of the change. |
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Changes from Option 2 to Option 3 are not allowed. |
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Changes from Option 3 to Option 2 are not allowed. | Any Reductions in Specified Amount will be made against the Initial Specified Amount and any later increase in the Specified Amount on a last in, first out basis. Changes in Specified Amount do not affect the Premium Load as a percentage of Premium.We may decline any request for change of the death benefit option or Reduction in Specified Amount if, after the change, the Specified Amount would be less than the minimum Specified Amount or would reduce the Specified Amount below the level required to maintain the Policy as life insurance for purposes of federal income tax law.Any change is effective on the first Monthly Deduction day on, or after, the date of approval of the request by Lincoln Life. If the Monthly Deduction amount would increase as a result of the change, the change will be effective on the first Monthly Deduction day on which the Accumulation Value is equal to, or greater than, the Monthly Deduction amount.Death Benefit Qualification TestYou will have the opportunity to choose between the two death benefit qualification tests defined in Section 7702 of the Internal Revenue Code of 1986 as amended (“Code”), the “Cash Value Accumulation Test” and the “Guideline Premium Test”. If you do not choose a death benefit qualification test at that time, you will be deemed to have chosen the Cash Value Accumulation Test. Once your Policy has been issued and is in force, the death benefit qualification test cannot be changed. The Cash Value Accumulation Test is not available if you choose Death Benefit Option 3.The Guideline Premium Test calculates the maximum amount of Premium that may be paid to provide the desired amount of insurance for an Insured of a particular age. Because payment of a Premium amount in excess of this amount will disqualify the Policy as life insurance, we will return to you any amount of such excess. The test also applies a prescribed percentage factor, to determine a minimum ratio of death benefit to Accumulation Value. A table of the applicable percentage factors will be included as a part of the Policy Specifications when you receive your Policy.The Cash Value Accumulation Test requires that the death benefit be sufficient to prevent the Accumulation Value from ever exceeding the “Net Single Premium” required to fund the future benefits under the Policy. (The “Net Single Premium” is calculated in accordance with Section 7702 of the Code and is based on the Insured’s age, risk classification and gender.) At any time the Accumulation Value is greater than the Net Single Premium for the proposed death benefit, the death benefit will be automatically increased by multiplying the Accumulation Value by a percentage that is defined as $1,000 divided by the Net Single Premium. A table of the applicable percentage factors will be included as a part of the Policy Specifications when you receive your Policy.The tests differ as follows:(1)The Guideline Premium Test expressly limits the amount of Premium that you can pay into your Policy; while the Cash Value Accumulation Test does not.(2)The factors that determine the minimum death benefit relative to the Policy’s Accumulation Value are different and required increases in the minimum death benefit due to growth in Accumulation Value will generally be greater under the Cash Value Accumulation Test.(3)If you wish to pay more Premium than is permitted under the Guideline Premium Test, for example to target a funding objective, you should consider the Cash Value Accumulation Test, because it generally permits the payment of higher amounts of Premium. Please note that payment of higher Premiums could also cause your Policy to be deemed a MEC (see Tax Issues, sub-section Policies That Are MEC’s in your prospectus).(4)If your primary objective is to maximize the potential for growth in Accumulation Value, or to conserve Accumulation Value, generally the Guideline Premium Test will better serve this objective. (5)While application of either test may require an increase in death benefit, any increase in the Cost of Insurance Charges that arises as a result of the increase in the Policy’s Net Amount at Risk will generally be less under the Guideline Premium Test than under the Cash Value Accumulation Test. This is because the required adjustment to the death benefit under the Guideline Premium Test is lower than that which would result under the Cash Value Accumulation Test. You should consult with a qualified tax advisor before choosing the death benefit qualification test. Please ask your registered representative for Illustrations which demonstrate the impact of selection of each test on the particular Policy, including any riders, which you are considering.
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| Item 11. Other Benefits Available (N-6) [Text Block] |
OTHER BENEFITS AVAILABLE UNDER THE POLICYIn addition to the Death Benefit under the Policy, other standard and optional benefits may also be available to you. The following table summarizes information about those benefits. Information about the fees associated with each benefit included in the table may be found in the Fee Table. More information about each rider follows the table.
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Brief Description of
Restrictions/Limitations |
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Permits a change in
the person who is
Insured under the
Policy. |
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•Available at Policy purchase or any time after Policy
issue by contacting our Administrative Office.
•Availability may vary by selling broker dealer. You
may obtain information about the optional benefits
that are available through your broker dealer by
contacting your broker dealer or our Administrative
Office.
•The new Insured is subject to underwriting
requirements.
•Policy value requirements apply.
•Policy charges applicable to the new Insured may
differ from charges applicable to the current Insured.
•Any change in Insured is a taxable event. |
Customized
Benefit
Enhancement
Rider (“CBE”) |
Provides an
enhanced Surrender
Value under the
Policy for up to 15
years. |
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•Available at Policy purchase only.
•Subject to underwriting requirements.
•May not be elected if the Earnings Stabilization rider
or the Surrender Value and Loan Spread
Enhancement Rider have been elected.
•Only available upon an Eligible Surrender. |
Earnings
Stabilization Rider
(“ESR”) |
Provides a targeted
return on the Policy’s
cash Surrender
Value available on
full surrender during
the first 10 Policy
Years. |
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•Available at Policy purchase only.
•Subject to underwriting requirements.
•May not be elected if the Customized Benefit
Enhancement Rider or the Surrender Value and Loan
Spread Enhancement Rider have been elected.
•Must provide six months advance notice in writing of
intent to surrender.
•Only available within the first 10 Policy Years and
upon an Eligible Surrender. |
Surrender Value
and Loan Spread
Enhancement
Rider |
Provides lower cash
value enhancement
in early years for
loan spread
efficiency in later
years. |
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•Available at Policy purchase only.
•Only available within the Surrender Value
Enhancement Period and upon an Eligible Surrender. |
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Brief Description of
Restrictions/Limitations |
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Provides additional
annual renewable
death benefit
coverage on the
Insured. |
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•Available at Policy purchase only.
•When included, the rider will automatically renew
annually until Attained Age 121. |
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Borrow against the
Surrender Value of
your Policy. |
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•We may limit the amount of your loan so that total
Debt under the Policy will not exceed 90% of an
amount equal to the Accumulation Value less
Surrender Charge.
•Amounts transferred to the Loan Account do not
participate in the performance of the Sub-Accounts or
the Fixed Account. |
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An investment
strategy that divides
up the total amount
to be invested in one
or more Sub-
Accounts over a
specified period of
time. This averages
the purchase cost of
the assets over time
and helps to reduce
the potential impact
of market volatility. |
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•Available at Policy issue or any time after Policy issue
by contacting our Administrative Office.
•Systematically transfers amounts from the account(s)
made available by us and specified by you.
•Automatically terminates under certain conditions. |
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To periodically
restore Sub-Account
exposure to a pre-
determined level
selected by the
policyholder to
reduce potential risk
of exposure to
market volatility. |
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•You may select a quarterly, semi-annual or annual
basis.
•The Fixed Account is not subject to rebalancing.
•May be elected, terminated, or the allocation may be
changed at any time. | Change of Insured Rider. With this Rider, you may name a new Insured in place of the current Insured. Underwriting and policy value requirements must be met. There is no separate charge for this Rider. Policy charges applicable to the new Insured may differ from charges applicable to the current Insured. Exercising the Change of Insured Rider is a fully taxable event to the extent that there is taxable gain at the time of the change of Insured.Customized Benefit Enhancement Rider: The Policy can be issued with a Customized Benefit Enhancement Rider (“CBE”) at no additional charge. It must be elected at application and may not be available on all policies. Availability of this Rider is subject to underwriting requirements and may not be elected if you have elected the Surrender Value and Loan Spread Enhancement Rider.The rider provides a Customized Benefit Enhancement Amount (“CBE Amount”) which is an amount that may be added to the Surrender Value provided under the Policy. The CBE Amount, if any, will be available only upon the Eligible Surrender of your Policy. An “Eligible Surrender” is a Full Surrender of the Policy. Partial Surrenders of less than the full amount of your Policy are not Eligible Surrenders. Please note that a Full Surrender in the course of an exchange of policies pursuant to Section 1035 of the Internal Revenue Code also is not an Eligible Surrender, unless you reside in a state where such an exception is not allowed. The CBE Amount is not a value used when determining whether a Policy will Lapse or in calculating amounts available for Policy loans or Partial Surrenders. Also, if you cancel the Policy during the Right To Examine period, the CBE Amount is not payable. In calculating the CBE Amount, we first determine the Customized Benefit Enhancement Balance (“CBE Balance”). The CBE Balance is the basis for determining the CBE Amount available to you each Policy Year. The CBE Balance reflects premium paid, interest credited, and any partial surrenders taken throughout the Policy Year. We also consider whether or not a Term Insurance Rider has been chosen. These calculations are explained below. The CBE Amount reflects (a) the Policy Years during which the CBE will be available to you; (b) the CBE Percentage Rates; and (c) the Maximum CBE Percentage Rates, which are used with a Term Blend Adjustment Factor, as described further below. The CBE Percentage Rates and the Maximum CBE Percentage Rates are shown on the Rider Specification page of your Policy. Upon the Eligible Surrender of your Policy, the CBE Amount used in calculating the surrender proceeds paid will be only the amount calculated as being available for the then current Policy Year. The CBE Percentage Rates that best suit your financial needs are determined during the financial underwriting process and will not change after the issuance of the Policy with this Rider.Under the terms of the rider, in determining the amount of your Surrender Proceeds, in lieu of the Surrender Value as described in the Policy, we will pay an amount equal to:a.the Policy’s Net Accumulation Value;b.less any accrued loan interest not yet charged; c.plus the CBE Amount, if any.As noted above, in determining the CBE Balance and CBE Amount we consider whether or not you have elected a Term Insurance Rider. Accordingly, assuming you effect an Eligible Surrender:1. For Policies without a Term Insurance Rider. In the first Policy Year, the CBE Balance will be calculated on any Valuation Day as: (a) the lesser of the cumulative Premiums paid or the Target Premium; minus (b) the sum of any Partial Surrenders; plus (c) any daily interest credited. The CBE Amount payable in the first Policy Year, will be determined on any Valuation Day by multiplying (a) the CBE Balance; by (b) the applicable CBE Percentage Rate.The following example demonstrates a hypothetical Customized Benefit Enhancement Amount calculation at the end of the first Policy Year.Sample Policy:Insured: Male, Standard Non-tobacco, age 40Policy Specified Amount: $3,000,000Premium Paid: $120,000.00Target Premium: $121,113.42CBE Interest Rate: 3.00% annual effective rate equivalent to 0.0081% dailyCBE Percentage Rate: 9%Partial Surrender: $0At the end of the first Policy Year, based on the sample policy above, the CBE Balance can be calculated as the lesser of (a) or (b), minus (c), plus (d), where: (a)Premium paid: $120,000.00;(b)Target Premium: $121,113.42;(c)Partial Surrenders: $0;(d)CBE Interest credited: $3,600;In this example, the CBE Balance calculated at the end of the first Policy Year is $123,600.Based on the sample policy above, the CBE Amount at the end of the first Policy Year is calculated as (d) times (e), where:(d)CBE Balance: $123,600;(e)CBE Percentage Rate: 9%;In this example, the CBE Amount is $11,124.In each Policy Year after the first (i.e. “Subsequent Policy Year”), the beginning CBE Balance on a Policy Anniversary will be calculated based upon: (a) the ending CBE Balance as of the last Valuation Day of the previous Policy Year; less (b) the CBE Amount not taken in the previous Policy Year; less; (c) the sum of any Partial Surrenders transacted in the previous Policy Year, plus (d) any interest credited during the previous Policy Year. The CBE Amount payable in a Subsequent Policy Year will be calculated on any Valuation Day by multiplying the then current CBE Balance by the applicable CBE Percentage Rate. 2. For Policies with a Term Insurance Rider. In the first Policy Year, the CBE Balance will be calculated on any Valuation Day as: (a) the lesser of the cumulative Premiums paid or the Target Premium multiplied by the ratio of the Target Face Amount to the Initial Policy Specified Amount of the base Policy; minus (b) the sum of any Partial Surrenders; plus (c) any daily interest credited. The CBE Amount payable in the first Policy Year will be calculated on any Valuation Day as the lesser of: (a) the CBE Balance multiplied by the product of the Term Blend Adjustment Factor, as described below, and the applicable Maximum CBE Percentage Rate; or (b) the CBE Balance multiplied by applicable CBE Percentage Rate. The following example demonstrates a hypothetical Customized Benefit Enhancement Amount calculation at the end of the first Policy Year.Sample Policy:Insured: Male, Standard Non-tobacco, age 55Policy Specified Amount: $1,500,000Target Face Amount: $2,000,000Premium Paid: $134,100.00Target Premium: $100,612.91CBE Percentage Rate: 10.5%Maximum CBE Percentage Rate: 11%Minimum Adjustment Factor: 0.75Term Blend Adjustment Factor: 0.9375Partial Surrender at end of first year: $10,000CBE Interest Rate: 3.00% annual effective rate equivalent to 0.0081% dailyAt the end of the first Policy Year, based on the sample policy above, the CBE Balance is calculated as the lesser of (a), and (b) times (c) divided by (d); minus (e); plus (f), where: (a)Premium paid: $134,100.00;(b)Target Premium: $100,612.91;(c)Target Face Amount $2,000,000;(d)Policy Specified Amount $1,500,000;(e)Partial Surrenders: $10,000;(f)CBE Interest credited: $4,023In this example, the CBE Balance calculated at the end of the first Policy Year is $128,123.Based on the sample policy above, the CBE Amount at the end of the first Policy Year is calculated as the lesser of (f) times (g) times (h), or (g) times (i), where:(f)Maximum CBE Percentage Rate: 11%(g)CBE Balance: $128,123(h)Term Blend Adjustment Factor: 0.9375(i)CBE Percentage Rate: 10.5%;In this example, the CBE Amount is $13,213.In each of the examples the CBE Amount is added to the Net Accumulation Value (less any accrued loan interest not yet charged) to determine the Surrender Value of the Policy.In each Subsequent Policy Year, the beginning CBE Balance on a Policy Anniversary will be calculated based upon: (a) the ending CBE Balance as of the last Valuation Day of the previous Policy Year; less (b) the CBE Amount not taken in the previous Policy Year; less; (c) the sum of any Partial Surrenders transacted in the previous Policy Year; plus (d) interest credited during the previous Policy Year. The CBE Amount then will be calculated on any Valuation Day as the lesser of: (a) the CBE Balance multiplied by the product of the Term Blend Adjustment Factor, as described below, and the applicable Maximum CBE Percentage Rate; or (b) the CBE Balance multiplied by applicable CBE Percentage Rate. The Term Blend Adjustment Factor will equal (1) plus ((2) multiplied by (3)) where:(1)is the Minimum Adjustment Factor, as shown on the Rider Specifications page.(2)is one minus the Minimum Adjustment Factor.(3)is the ratio of the Base Policy Specified Amount to the Target Face Amount, as shown on the Policy Specifications page. Additional terms to consider:If the Insured dies while the rider is In Force, the Death Benefit Proceeds payable will be equal to the greater of:1.the amount determined under the death benefit option in effect at the time of the Insured's death less any Debt and overdue deductions calculated as of the Insured’s date of death; or2.an amount equal to the Accumulation Value of the Policy plus any applicable CBE Amount available under this Rider on the date of death, multiplied by the applicable percentage shown in the Corridor Percentages Table in the Policy Specifications, less any Debt and overdue deductions as of the Insured’s date of death.If the Policy to which the rider is attached has lapsed and is reinstated pursuant to the Reinstatement provision of the Policy, the rider will also be reinstated.The CBE calculated under the rider is subject to the Deferment of Payments provision of the Policy to which the rider is attached.Additional policies may be added to an existing Case; however all additional policies must follow the same CBE Percentage Rates shown in the CBE Percentage Rates Table on the Rider Specifications page. Earnings Stabilization Rider. The Policy can be issued with an Earnings Stabilization Rider (“ESR”) at no additional charge. It must be elected at application and may not be available on all policies. Availability of this Rider is subject to underwriting requirements and may not be elected if you have elected the Customized Benefit Enhancement Rider or the Surrender Value and Loan Spread Enhancement Rider.In order to receive the Full Surrender Value and the Earnings Stabilization Enhancement, you must provide us with six months advance notice in writing of your intent to surrender. If you request a Full Surrender without the six months advance notice, you will receive only the Surrender Value of your Policy without any additional amount provided by this Rider. The Earnings Stabilization Enhancement will not be paid. We reserve the right to waive this notice requirement at any time. Please contact your registered representative to determine if a waiver is currently in effect.This Rider provides an Earnings Stabilization Enhancement which is an amount that will be added to the Surrender Value provided under your Policy upon an Eligible Surrender. The Earnings Stabilization Enhancement is available only within the first 10 Policy Years after the Case Date shown on the Rider Specification page of your Policy. A Case is all in force life insurance policies issued within the same company and the Case Date is the first policy issued under that Case. An “Eligible Surrender” is a Full Surrender of the Policy. Partial Surrenders and withdrawals of less than the full amount of your Policy are not Eligible Surrenders. Please note that a Full Surrender in the course of an exchange of policies pursuant to Section 1035 of the Internal Revenue Code also is not an Eligible Surrender, unless you reside in a state where such an exception is not allowed. The Earnings Stabilization Enhancement is not an amount or value used when determining whether a Policy will Lapse or in calculating amounts available for Policy Loans or Partial Surrenders. Also, if you cancel the Policy during the Right To Examine period, the Earnings Stabilization Enhancement is not payable. Under the terms of the rider, in determining the amount of your Surrender Proceeds in lieu of the Surrender Value as described in your Policy, we will pay an amount equal to:1.The Surrender Value on the date of the Eligible Surrender; plus2.The Earnings Stabilization Enhancement, if any.The Earnings Stabilization Enhancement is calculated each calendar day and is the lesser of (a) or (b), multiplied by (c) where:(a) is the Target Enhancement Amount.(b) is the Maximum Enhancement Amount.(c)is the Earnings Stabilization Multiplier.(a) Target Enhancement Amount. On each calendar day, the Target Enhancement Amount is equal to the Target Surrender Value less the Accumulation Value of your Policy and is guaranteed never to be less than zero. To calculate the Target Enhancement Amount, we first determine the Target Surrender Value. On the Policy Date, the Target Surrender Value is equal to the initial Premium paid. Thereafter, on each calendar day, the Target Surrender Value will be calculated as (1), plus (2), minus (3), plus (4), where:(1) is the Target Surrender Value as of the prior Monthly Anniversary Day.(2) is the sum of all Premiums received since the prior Monthly Anniversary Day.(3) is the sum of any Partial Surrenders since the prior Monthly Anniversary Day. (4) is daily equivalent interest on items (1) and (2) and (3) calculated using the Target Yield Rate as shown on the Rider Specification Pages and below.Target Yield Rate. The Target Yield Rates are not guaranteed and may be changed at any time if future expectations in investment earnings, persistency and/or expenses (including taxes) differ from assumptions made in pricing this life insurance product. The current Target Yield Rates are:
(b) Maximum Enhancement Amount. The Maximum Enhancement Amount is calculated each calendar day while this Rider is in effect, as the sum of (1) plus (2), multiplied by (3), and, if applicable, multiplied by (4) where:(1) is the Maximum Enhancement Premium.(2) is the cumulative Maximum Enhancement Premium for each previous Policy Year.(3) is the applicable Maximum Enhancement Rate.(4) is the Term Blend Adjustment Factor.Maximum Enhancement Premium. The Maximum Enhancement Premium for any given year is calculated as the lesser of (1) or (2) where:(1) is the sum of the Premiums paid during the Policy Year less the sum of any Partial Surrenders during the Policy Year. (2) is the Target Premium for the Policy Year; multiplied by the ratio of the Target Specified Amount to the Basic Policy Specified Amount of your Policy.Maximum Enhancement Rate. The Maximum Enhancement Rate is expressed as a percentage, is not guaranteed and may be changed at any time if future expectations in investment earnings, persistency and/or expenses (including taxes) differ from assumptions made in pricing this life insurance product. The current annual Maximum Enhancement Rates are:
If a Term Insurance Rider is attached to your Policy and in effect, the Maximum Enhancement Amount in any Policy Year will also be multiplied by the Term Blend Adjustment Factor.Term Blend Adjustment Factor. The Term Blend Adjustment Factor is determined at issue and may change as the result of increases, decreases and Partial Surrender. The Term Blend Adjustment Factor will equal (1) multiplied by (2) plus (3) where:(1) is the ratio of the Base Policy Specified Amount to the Target Specified Amount of your Policy, as shown on the Policy Specification page.(2) is 0.25(3) is 0.75The Term Blend Adjustment Factor is equal to 1.0 if no Term Insurance Rider is attached to the Policy or if the Term Insurance Rider on the Policy has been terminated after issue.(c) Earnings Stabilization Multiplier. The Earnings Stabilization Multiplier is calculated by determining the current values of the following: (1)the Fixed Account(2)money market Sub-Accounts; and(3)non-money market Sub-Accounts.We then take the sum of the cumulative current values invested in each investment allocation noted above to determine the Net Accumulation Value of the Policy. Once the Net Accumulation Value of the Policy is determined, we then calculate the Daily Stabilization Factor applicable to the Policy.The Daily Stabilization Factor. The Daily Stabilization Factor is calculated daily on each calendar day as (1) minus (2) multiplied by (3), where:(1) is 1.(2) is 1 minus the Earnings Stabilization Multiplier Floor Rate.(3) is the sum of the Fixed Account and money market Sub-Account values of the Policy divided by the Net Accumulation Value.Earnings Stabilization Multiplier Floor Rate. The Earnings Stabilization Multiplier Floor Rate is not guaranteed and may be changed at any time if future expectations in investment earnings, persistency and/or expenses (including taxes) differ from assumptions made in pricing this life insurance product. The current Earnings Stabilization Multiplier Floor Rate is 50.000%.Once the Daily Stabilization Factor is determined, we then calculate the Earnings Stabilization Multiplier as follows:In the first Policy Year, the Earnings Stabilization Multiplier is calculated on a daily basis as the sum of all Daily Stabilization Factors since the Policy Date divided by the sum of the number of calendar days since the Policy Date. Thereafter, in each subsequent Policy Year the Earnings Stabilization Multiplier is calculated on a daily basis as the sum of the previous 365 Daily Stabilization Factors divided by 365.As noted above, in determining the Earnings Stabilization Enhancement we consider whether or not you have elected a Term Insurance Rider.For Policies without a Term Insurance Rider. The following example demonstrates a hypothetical “Earnings Stabilization Enhancement” calculation for the first Policy Year for a Policy without a Term Insurance Rider.Sample Policy:Insured: Male, Standard Non-tobacco, age 40Base Policy Specified Amount: $750,000Premium Paid: $25,000Target Premium: $30,279.95Ending Accumulation Value: $22,000Cumulative Target Yield Rate: 5%Maximum Enhancement Rate: 16%Earnings Stabilization Multiplier: 0.80As described above, in order to calculate the Target Enhancement Amount, the Target Surrender Value must be calculated, first. For the sample Policy shown above, at the end of year 1, the Target Surrender Value is calculated as (a) plus (b) minus (c) plus (d), where;(a) Target Surrender Value: $0(b) Premiums received: $25,000(c) Any Partial Surrender: $0(d) Daily equivalent interest on items (a) and (b) calculated using the Cumulative Target Yield Rate that is shown on the Specification Pages included with your Policy: 5% This results in a Target Surrender Value at the end of Policy Year 1 to be $26,250.The Target Enhancement Amount can now be calculated as the Target Surrender Value less the ending Accumulation Value. Therefore, the Target Enhancement Amount is equal to $26,250 - $22,000 = $4,250.We calculate the Maximum Enhancement Amount which is calculated as (a) multiplied by (b), where:(a) the Maximum Enhancement Premium which is equal to the lesser of:(i) the sum of the Premiums paid during the Policy Year; less the sum of any Partial Surrenders during the Policy Year: $25,000 – $0 = $25,000(ii) the Target Premium for the Policy Year multiplied by (Total Specified Amount/Base Specified Amount): $30,279.95 multiplied by ($750,000/$750,000) = $30,279.95; and(b) the applicable Maximum Enhancement Rate: 16% = 0.16Thus, the Maximum Enhancement Amount = $25,000 x 0.16 or $4,000 Accordingly, the Earnings Stabilization Enhancement at the end of year 1 is calculated as (a) times the lesser of (b) or (c):(a) Earnings Stabilization Multiplier = 0.80; (b) Target Enhancement Amount = $4,250; and(c) Maximum Enhancement Amount = $4,000Thus, the Earnings Stabilization Enhancement for year 1 is (0.80 x $4,000) = $3,200 The ending Surrender Value can now be calculated as the ending Accumulation Value for year 1 ($22,000) plus the applicable Earnings Stabilization Enhancement ($3,200) which equals $25,200.For Policies with a Term Insurance Rider. The following example demonstrates a hypothetical “Earnings Stabilization Enhancement” calculation for the first Policy Year for a Policy with a Term Insurance Rider.Sample Policy:Insured: Male, Standard Non-tobacco, age 40Base Policy Specified Amount: $750,000Term Policy Specified Amount: $250,000Premium Paid: $25,000Target Premium: $30,279.95Ending Accumulation Value: $22,000Cumulative Target Yield Rate: 5%Maximum Enhancement Rate: 16%Earnings Stabilization Multiplier: 0.80As described above, in order to calculate the Target Enhancement Amount, the current Target Surrender Value must be calculated, first. For the sample Policy shown above, at the end of year 1, the Target Surrender Value is calculated as (a) plus (b) minus (c) plus (d), where;(a) Target Surrender Value as of the rider’s Effective Date: $0(b) All Premiums received in the first Policy Year: $25,000(c) Any Partial Surrender in the first Policy Year: $0(d) Daily equivalent interest on items (a) and (b) and (c) calculated using the Cumulative Target Yield Rate that is shown on the Specification Pages included with your Policy: 5% Thus, the Target Surrender Value at the end of Policy Year 1 is $26,250.The Target Enhancement Amount can now be calculated as the Target Surrender Value less the ending Accumulation Value. Therefore, the Target Enhancement Amount is equal to $26,250 - $22,000 = $4,250.We calculate the Maximum Enhancement Amount which is calculated as (a) multiplied by (b) multiplied by (c), where:(a) the Maximum Enhancement Premium which is equal to the lesser of:(i) the sum of the Premiums paid during the Policy Year; less the sum of any Partial Surrenders during the Policy Year: $25,000 – $0 = $25,000(ii) the Target Premium for the Policy Year multiplied by (Total Specified Amount/Base Specified Amount): $30,279.95 ($1,000,000/$750,000) = $40,373.27; and(b) the applicable Maximum Enhancement Rate: 16% = 0.16(c) the Term Blend Adjustment Factor multiplied by (Base Specified Amount/Total Specified Amount):
0.75 + 0.25 multiplied by (750,000/1,000,000) = 0.9375Thus, the Maximum Enhancement Amount = $25,000 x 0.16 x 0.9375 or $3,750 Accordingly, the Earnings Stabilization Enhancement at the end of year 1 is calculated as (a) times the lesser of (b) or (c):(a) Earnings Stabilization Multiplier = 0.80; (b) Target Enhancement Amount = $4,250; and(c) Maximum Enhancement Amount = $3,750Thus, the Earnings Stabilization Enhancement for year 1 is (0.80 x $3,750) = $3,000 The ending Surrender Value can now be calculated as the ending Accumulation Value for year 1 ($22,000) plus the applicable Earnings Stabilization Enhancement ($3,000) which equals $25,000.Additional terms to consider:If the Insured dies while the rider is In Force, the Death Benefit Proceeds payable will be equal to the greater of:1.The amount determined under the Death Benefit Option in effect at the time of the Insured's death less any Debt and overdue deductions calculated as of the Insured’s date of death; or2.An amount equal to the Accumulation Value of the Policy plus any applicable Earnings Stabilization Enhancement available under this Rider on the date of death, multiplied by the applicable percentage shown in the Corridor Percentages Table of the Policy Specifications, less any Debt and overdue deductions as of the Insured’s date of death.If the Policy to which the rider is attached has lapsed and is reinstated pursuant to the Reinstatement provision of the Policy, the rider will also be reinstated.Please note that the Earnings Stabilization Enhancement calculated under the rider is subject to the Deferment of Payments provision of the Policy to which the rider is attached. Surrender Value and Loan Spread Enhancement Rider. The Policy can be issued with a Surrender Value and Loan Spread Enhancement Rider at no additional charge. The rider must be elected at application and may not be available on all policies. Surrender Value Enhancement. If this Rider is included with your Policy and you effect an “Eligible Surrender” within the first four Policy Years (the “Surrender Value Enhancement Period”), the proceeds you will receive will be increased by a certain amount over what you would have received had you not elected this Rider. An “Eligible Surrender” is a Full Surrender of the Policy. Partial Surrenders of less than the full amount of the Policy’s Surrender Value are not “Eligible Surrenders”. Please note that a Full Surrender in the course of an exchange of policies pursuant to Section 1035 of the Internal Revenue Code is also not an Eligible Surrender, unless you reside in a state where such an exception is not allowed.The Surrender Value Enhancement only applies during the Surrender Value Enhancement Period and only while the rider is In Force. It is calculated as follows: (a) multiplied by (b) multiplied by (c) multiplied by (d) where:(a) is the applicable Surrender Value Enhancement Rate (b) is the Term Blend Adjustment Factor; and (c) is the cumulative Surrender Value Enhancement Premium; and (d) is the Surrender Value Enhancement Multiplier (100%, 75% or 50% depending on the Surrender Value and Loan Spread Enhancement option chosen, see below) These terms are explained below.Surrender Value Enhancement Rate. This rate is taken from a table of rates shown in your Policy and is based on our expectations of future investment earnings, persistency and expenses, including taxes. The rate for Policy Year 1 will be as shown in the table of rates in your Policy. The rates in Policy Year 2 through Policy Year 4 will be determined annually and are guaranteed to fall within a range of rates from 10% to 0.25%. At the beginning of Policy Year 5 and thereafter, the rate will be zero.Term Blend Adjustment Factor. If you do not have a Term Insurance Rider in effect under your Policy, the Term Blend Adjustment Factor is equal to 1.0. If a Term Insurance Rider is in effect under your Policy, this factor is calculated as (a) divided by (b) multiplied by (c) plus (d) where:(a) is your Policy Specified Amount on the date of the Eligible Surrender; (b) is the total of your Policy Specified Amount and any additional Specified Amount provided under a Term Insurance Rider in effect as of the date of Eligible Surrender; (c) is .70; (d) is .30. Surrender Value Enhancement Premium. The Surrender Value Enhancement Premium is an amount equal to the lesser of (1) and (2) where:(1) is the sum of the policy Premiums paid during the Policy Year; less the sum of any Partial Surrenders paid during the Policy Year; or (2) is the policy Target Premium for the applicable Policy Year multiplied by the ratio of the Target Specified Amount to the base Policy’s Specified Amount. The Target Premium, Target Specified Amount and base Policy’s Specified Amount are all shown in the Policy. As provided in the Policy, the Target Premium is subject to change based on future changes you make to the Policy (i.e. withdrawals, changes in Specified Amount). Cumulative Surrender Value Enhancement Premium. This is an amount equal to the total of Surrender Value Enhancement Premiums you have paid to date as of the date of the Eligible Surrender.Surrender Value Enhancement Multiplier. This number is found in your Policy and is based on the Surrender Value and Loan Spread Enhancement Option you have selected. The multiplier and Loan Spread Enhancement Option are described below.The following example demonstrates a hypothetical Surrender Value Enhancement calculation at the end of Policy Year two.Sample Policy:Insured: Male Standard Non-tobacco, age 40100% Base (No Term)Specified Amount : $2,476,965Target Specified Amount: $2,476,965Premium Payment: $100,000 Single PayTarget Premium: $100,003.18Surrender Value Enhanced Rate: 4%Surrender Value Enhancement Multiplier: 100%Surrender Value: $103,391.04At the end of Policy Year two based on the above sample policy the calculation would be as follows:(a) Surrender Value Enhancement Rate: 4% (b) Term Blend Adjustment Factor: 1 (c) Cumulative Surrender Value Enhancement Premium: $100,000.00 (d) Surrender Value Enhancement Multiplier: 100% Thus, (a) multiplied by (b) multiplied by (c) multiplied by (d) = an enhancement of $4,000.00. This results in a Surrender Value of $107,391.04 after the Surrender Value Enhancement is applied.Loan Spread Enhancement. This Rider offers you the option to receive the full amount of the Surrender Value Enhancement (Surrender Value and Loan Enhancement Option 1) or one of two lesser enhancements (Option 2 or 3) in exchange for a lower net cost of borrowing in later Policy Years.The difference between the interest rate we charge you for Policy Loans and the interest we credit to your Policy’s Loan Collateral Account represents your net cost of borrowing and is called the “Loan Spread.” The amount of your Loan Spread under this Rider is determined by the amount of Surrender Value Enhancement you agree to receive on an Eligible Surrender. At the time of application, you will select a Surrender Value and Loan Spread Enhancement Option which thereafter cannot be changed. Your choice of option will determine:(a) the percentage of the Surrender Value Enhancement amount (the “Surrender Value Enhancement Multiplier” or “Multiplier”) you would receive in the event of an Eligible Surrender; and (b) the Loan Spreads that would be available with respect to any outstanding Policy Loans. Accordingly, if you have outstanding Policy Loans, while the rider is In Force, the Loan Spread is guaranteed not to exceed the Loan Spread Enhancement Rates shown in your Policy for the option you have chosen.For example, the currently available Surrender Value and Loan Spread Enhancement Options, Surrender Value Enhancement Multipliers and resulting Loan Spreads are shown in the table below. Referring to the table below, if you chose Option 1, you would receive 100% of the Surrender Value Enhancement calculated as described above. In doing so, your Loan Spread rate for all years would be 0.50%. If you chose Option 2, in exchange for agreeing to receive 75% of the Surrender Value Enhancement, your Policy Loans would experience a Loan Spread rate of 0.50% during the first 10 Policy Years and 0.25% thereafter. Finally, if you chose Option 3, your Loan Spread rate will be 0.50% during the 1st 10 Policy Years and 0% thereafter.
Surrender Value and Loan
Spread Enhancement Option – Surrender
Value Enhancement Multiplier |
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| Thus, based on the hypothetical sample above, the following table indicates the Surrender Value Enhancement amount and the Loan Spread for each option.
Surrender Value and Loan
Spread Enhancement Option – Surrender
Value Enhancement Multiplier |
Surrender Value
Enhancement amount |
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| It is important to note that, during the Surrender Value Enhancement Period, the amount available under your Policy for Partial Surrenders and loans will not be increased due to this Rider.Also note, the increase in Policy Surrender Value due to the Surrender Value Enhancement may result in an increase in the Death Benefit if required under Section 7702 of the Internal Revenue Code.Term Insurance Rider. The Policy can be issued with a Term Insurance Rider as a portion of the total death benefit. This Rider provides term life insurance on the life of the Insured, which is annually renewable to Attained Age 121. This Rider will continue in effect unless canceled by the Owner. The amount of coverage provided under the rider’s benefit amount varies from month to month.The benefit amount is the target face amount minus the basic Policy Specified Amount. Refer to your Policy Specifications for the benefit amount. The cost of the rider is added to the Monthly Deductions, and is based on the Insured’s premium class, issue age and the number of Policy Years elapsed. We may adjust the monthly rider rate from time to time, but the rate will never exceed the guaranteed cost of insurance rates for the rider for that Policy Year.The rider’s death benefit is included in the total death benefit paid under the Policy.Policy Loans. Outstanding Policy Loans and accrued interest reduce the Policy's death benefit and Accumulation Value. We may limit the amount of your loan so that total Debt under the Policy will not exceed 90% of an amount equal to the Accumulation Value less Surrender Charge. If at any time the total Debt against your Policy, including interest accrued but not due, equals or exceeds the then current Accumulation Value less Surrender Charges, the Policy will terminate subject to the conditions in the Grace Period provision. If your Policy lapses while a loan is outstanding, the borrowed amount may be taxable to you to the extent your Policy's value exceeds your basis in the Policy. Amounts transferred to the Loan Account do not participate in the performance of the Sub-Accounts or the Fixed Account. There may be adverse tax consequences if your Policy lapses with an outstanding loan balance. Please see “Policy Loans” section for additional information.Optional Sub-Account Allocation ProgramsYou may elect to participate in Dollar Cost Averaging or Automatic Rebalancing as described on an allocation form provided by us. There is currently no charge for these programs. You may participate in only one program at a time.Dollar Cost Averaging systematically transfers amounts from the account(s) made available by us and specified by you. Transfer allocations may be made to one or more of the Sub-Accounts and the Fixed Account on a monthly or quarterly basis. These transfers do not count against the free transfers available. Transfers may be elected at any time while your Policy is in force. By making allocations on a regularly scheduled basis, instead of on a lump sum basis, you may reduce exposure to market volatility. Dollar Cost Averaging will not assure a profit or protect against a declining market.You may elect Dollar Cost Averaging on your application, or contact our Administrative Office for information.Dollar Cost Averaging terminates automatically:1)if the value in the money market Sub-Account is insufficient to complete the next transfer;2)one week after our Administrative Office receives a request for termination in writing, with adequate authentication;3)after 12 or 24 months (as elected on your application); or4)if your Policy is surrendered.Automatic Rebalancing periodically restores to a pre-determined level the percentage of policy value allocated to each Sub-Account. The Fixed Account is not subject to rebalancing. The pre-determined level is the allocation initially selected on the application supplement, until changed by the Owner. If Automatic Rebalancing is elected, all Net Premium Payments allocated to the Sub-Accounts will be subject to Automatic Rebalancing. Transfers among the Sub-Accounts as a result of Automatic Rebalancing do not count against the number of free transfers available.Automatic Rebalancing provides a method for reestablishing fixed proportions among your allocations to your Sub-Accounts on a systematic basis. Automatic Rebalancing helps to maintain your allocation among market segments, although it entails reducing your policy values allocated to the better performing segments. Therefore, you should carefully consider market conditions and the investment objectives of each Sub-Account and Underlying Fund before electing to participate in Automatic Rebalancing.You may select Automatic Rebalancing on a quarterly, semi-annual or annual basis. Automatic Rebalancing may be elected, terminated or the allocation may be changed at any time, by contacting our Administrative Office.Continuation of CoverageCoverage of this Policy will continue to the maturity date if your Surrender Value is sufficient to cover each Monthly Deduction. The maturity date for this Policy is the Policy Anniversary nearest the Insured’s 121st birthday. As of the maturity date, the death benefit will be equal to the Surrender Value.Paid-Up Nonforfeiture OptionYou may elect, any time prior to the maturity date, to continue this Policy as paid-up life insurance. The effective date of the paid-up insurance will be the Monthly Deduction day following the receipt of your written request at our Administrative Office. As of the effective date:•the Specified Amount will be the amount which the Surrender Value will purchase as a net single Premium at the Insured’s then Attained Age, using the guaranteed interest and mortality basis of the original Policy (this may not exceed the death benefit),•no further Premium Payments, Monthly Deductions, interest credits or changes in coverage may be made,•we will transfer the Separate Account Value to the Fixed Account Value, and•all extra benefit riders will terminate.Coverage Beyond MaturityAt any time prior to the maturity date of this Policy, you may, by written request, elect to continue coverage beyond the maturity date. Any extra benefit riders will be terminated on the maturity date.If elected, the following will apply:•set the death benefit equal to the Accumulation Value regardless of the Death Benefit Option in effect prior to the Maturity Date. No changes will be allowed with respect to Death Benefit Option or Specified Amount;•transfer any value in a Separate Account to the Fixed Account;•no longer accept premium payments;•continue to credit interest to the Fixed Account as described in the “Interest Credited Under Fixed Account” provision;•no longer charge Monthly Deductions under this Policy;•no longer allow partial surrenders;•continue to charge interest on existing loans (loan interest rates will apply as shown in the Policy Specifications) and loan repayments can continue to be made. Note: You may repay all or part of a loan at any time while this Policy is In Force;•allow loans to be taken; and•continue this Policy In Force until it is surrendered or the Death Benefit Proceeds become payable.This provision is not available if you select the Paid-Up Non-Forfeiture Option. Also, the Paid-Up Non-Forfeiture Option will not be available when the coverage beyond maturity provision takes effect.At this time, uncertainties exist about the tax treatment of the Policy if it should continue beyond the maturity date. Therefore, you should consult your tax advisor before the Policy becomes eligible for coverage beyond maturity.Termination of CoverageAll policy coverage terminates on the earliest of:1)Full Surrender of the Policy;2)death of the Insured; or3)failure to pay the amount of Premium necessary to avoid termination before the end of any applicable Grace Period.Loan interest will continue to accrue on any outstanding loans. Provisions may vary in certain states.
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| Benefits Available [Table Text Block] |
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Brief Description of
Restrictions/Limitations |
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Permits a change in
the person who is
Insured under the
Policy. |
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•Available at Policy purchase or any time after Policy
issue by contacting our Administrative Office.
•Availability may vary by selling broker dealer. You
may obtain information about the optional benefits
that are available through your broker dealer by
contacting your broker dealer or our Administrative
Office.
•The new Insured is subject to underwriting
requirements.
•Policy value requirements apply.
•Policy charges applicable to the new Insured may
differ from charges applicable to the current Insured.
•Any change in Insured is a taxable event. |
Customized
Benefit
Enhancement
Rider (“CBE”) |
Provides an
enhanced Surrender
Value under the
Policy for up to 15
years. |
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•Available at Policy purchase only.
•Subject to underwriting requirements.
•May not be elected if the Earnings Stabilization rider
or the Surrender Value and Loan Spread
Enhancement Rider have been elected.
•Only available upon an Eligible Surrender. |
Earnings
Stabilization Rider
(“ESR”) |
Provides a targeted
return on the Policy’s
cash Surrender
Value available on
full surrender during
the first 10 Policy
Years. |
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•Available at Policy purchase only.
•Subject to underwriting requirements.
•May not be elected if the Customized Benefit
Enhancement Rider or the Surrender Value and Loan
Spread Enhancement Rider have been elected.
•Must provide six months advance notice in writing of
intent to surrender.
•Only available within the first 10 Policy Years and
upon an Eligible Surrender. |
Surrender Value
and Loan Spread
Enhancement
Rider |
Provides lower cash
value enhancement
in early years for
loan spread
efficiency in later
years. |
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•Available at Policy purchase only.
•Only available within the Surrender Value
Enhancement Period and upon an Eligible Surrender. |
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Brief Description of
Restrictions/Limitations |
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Provides additional
annual renewable
death benefit
coverage on the
Insured. |
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•Available at Policy purchase only.
•When included, the rider will automatically renew
annually until Attained Age 121. |
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Borrow against the
Surrender Value of
your Policy. |
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•We may limit the amount of your loan so that total
Debt under the Policy will not exceed 90% of an
amount equal to the Accumulation Value less
Surrender Charge.
•Amounts transferred to the Loan Account do not
participate in the performance of the Sub-Accounts or
the Fixed Account. |
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An investment
strategy that divides
up the total amount
to be invested in one
or more Sub-
Accounts over a
specified period of
time. This averages
the purchase cost of
the assets over time
and helps to reduce
the potential impact
of market volatility. |
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•Available at Policy issue or any time after Policy issue
by contacting our Administrative Office.
•Systematically transfers amounts from the account(s)
made available by us and specified by you.
•Automatically terminates under certain conditions. |
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To periodically
restore Sub-Account
exposure to a pre-
determined level
selected by the
policyholder to
reduce potential risk
of exposure to
market volatility. |
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•You may select a quarterly, semi-annual or annual
basis.
•The Fixed Account is not subject to rebalancing.
•May be elected, terminated, or the allocation may be
changed at any time. |
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| Item 18. Portfolio Companies (N-6) [Text Block] |
APPENDIX A: FUNDS AVAILABLE UNDER THE POLICYThe following is a list of Underlying Funds currently available under the Policy. More information about the Underlying Funds is available in the prospectuses for the funds, which may be amended from time to time and can be found online at www.lfg.com/VULprospectus. You can also request this information at no cost by calling 1-877-533-0117 or by sending an email request to CustServSupportTeam@lfg.com.The current expenses and performance information below reflects fees and expenses of the funds, but does not reflect the other fees and expenses that your Policy may charge. Expenses would be higher and performance would be lower if these charges were included. Each fund’s past performance is not necessarily an indication of future performance.
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Average Annual Total
Returns (as of 12/31/2025) |
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Long-term growth of capital. |
AB VPS Discovery Value Portfolio
- Class A
advised by AllianceBernstein L.P. |
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Long-term growth of capital. |
AB VPS Sustainable Global
Thematic Portfolio - Class A
advised by AllianceBernstein L.P. |
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Long-term capital appreciation. |
Allspring VT Discovery SMID Cap
Growth Fund - Class 2 |
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To provide a high level of current
income; capital appreciation is the
secondary consideration. |
American Funds® IS American
High-Income Trust - Class 2
advised by Capital Research and
Management Company |
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To provide a level of current
income that exceeds the average
yield on U.S. stocks generally and
a growing stream of income over
the years. |
American Funds® IS Capital
Income Builder - Class 2
advised by Capital Research and
Management Company |
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Long-term growth of capital. |
American Funds® IS Global
Growth Fund - Class 2
advised by Capital Research and
Management Company |
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Long-term growth of capital. |
American Funds® IS Global Small
Capitalization Fund - Class 2
advised by Capital Research and
Management Company |
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American Funds® IS Growth Fund
- Class 2
advised by Capital Research and
Management Company |
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Long-term growth of capital and
income. |
American Funds® IS Growth-
Income Fund - Class 2
advised by Capital Research and
Management Company |
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Fund and
Adviser/Sub-adviser1 |
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Average Annual Total
Returns (as of 12/31/2025) |
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Long-term growth of capital. |
American Funds® IS International
Fund - Class 2
advised by Capital Research and
Management Company |
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To provide as high a level of
current income as is consistent
with the preservation of capital. |
American Funds® IS The Bond
Fund of America - Class 2
advised by Capital Research and
Management Company |
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To provide a high level of current
income consistent with prudent
investment risk and preservation
of capital. |
American Funds® IS U.S.
Government Securities Fund -
Class 2
advised by Capital Research and
Management Company |
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Long-term total return and current
income. |
BlackRock Equity Dividend V.I.
Fund - Class I |
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To maximize total return,
consistent with income generation
and prudent investment
management. |
BlackRock High Yield V.I. Fund -
Class I |
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ClearBridge Variable Growth
Portfolio - Class I
advised by Franklin Templeton
Fund Adviser, LLC |
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Long-term growth of capital. |
ClearBridge Variable Mid Cap
Portfolio - Class I
advised by Franklin Templeton
Fund Adviser, LLC |
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Long-term growth of capital. |
ClearBridge Variable Small Cap
Growth Portfolio - Class I
advised by Franklin Templeton
Fund Adviser, LLC |
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Capital appreciation. A fund of
funds. |
DWS Alternative Asset Allocation
VIP Portfolio - Class A
advised by DWS Investment
Management Americas, Inc. |
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To provide a high level of current
income. |
Eaton Vance VT Floating-Rate
Income Fund - Initial Class |
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Long-term capital appreciation. |
Fidelity® VIP Contrafund®
Portfolio - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2020
PortfolioSM - Service Class |
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Fund and
Adviser/Sub-adviser1 |
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Average Annual Total
Returns (as of 12/31/2025) |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2025
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2030
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2035
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2040
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2045
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2050
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2055
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2060
PortfolioSM - Service Class |
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High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2065
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation.
A fund of funds. |
Fidelity® VIP Freedom Retirement
PortfolioSM - Service Class
(formerly Fidelity® VIP Freedom
Income PortfolioSM) |
|
|
|
|
To achieve capital appreciation. |
Fidelity® VIP Growth Portfolio -
Service Class |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
As high a level of current income
as is consistent with the
preservation of capital. |
Fidelity® VIP Investment Grade
Bond Portfolio - Service Class |
|
|
|
|
Long-term growth of capital. |
Fidelity® VIP Mid Cap Portfolio -
Service Class |
|
|
|
|
Long-term growth of capital. |
Fidelity® VIP Overseas Portfolio -
Service Class |
|
|
|
|
Above average income and long-
term capital growth, consistent
with reasonable investment risk. |
Fidelity® VIP Real Estate Portfolio
- Service Class |
|
|
|
|
To maximize income while
maintaining prospects for capital
appreciation. |
Franklin Income VIP Fund - Class
1 |
|
|
|
|
Capital appreciation; income is a
secondary consideration. |
Franklin Mutual Shares VIP Fund -
Class 1 |
|
|
|
|
Long-term capital appreciation;
preservation of capital is also an
important consideration. |
Franklin Rising Dividends VIP
Fund - Class 1 |
|
|
|
|
|
|
Franklin Small Cap Value VIP Fund
- Class 2 |
|
|
|
|
Long-term capital growth. |
Franklin Small-Mid Cap Growth
VIP Fund - Class 1 |
|
|
|
|
|
|
Franklin U.S. Government
Securities VIP Fund - Class 1 |
|
|
|
|
Long-term capital appreciation. |
Goldman Sachs VIT Mid Cap
Value Fund - Service Shares |
|
|
|
|
Total return while seeking to
provide volatility management. |
Goldman Sachs VIT Trend Driven
Allocation Fund - Service Shares |
|
|
|
|
Capital growth and income. |
Invesco V.I. Comstock Fund -
Series I Shares |
|
|
|
|
Long-term growth of capital and
income. |
Invesco V.I. Growth and Income
Fund - Series I Shares |
|
|
|
|
|
|
Invesco V.I. Main Street Small Cap
Fund®- Series I Shares |
|
|
|
|
Long-term growth of capital. |
LVIP AllianceBernstein Large Cap
Growth Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term total return using a
strategy that seeks to protect
against U.S. inflation. |
LVIP American Century Inflation
Protection Fund - Service Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital growth, income
is secondary consideration. |
LVIP American Century Mid Cap
Value Fund - Standard Class II
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital growth. |
LVIP American Century Ultra®
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP Baron Growth Opportunities
Fund - Service Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP BlackRock Equity Dividend
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
High total investment return. |
LVIP BlackRock Global Allocation
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize real return,
consistent with preservation of
real capital and prudent
investment management. |
LVIP BlackRock Inflation
Protected Bond Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Total return through a
combination of current income
and long-term capital
appreciation. |
LVIP BlackRock Real Estate Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Channing Small Cap Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Dimensional U.S. Core Equity
1 Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term capital appreciation. |
LVIP Dimensional U.S. Core Equity
2 Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximum long-term total return
consistent with reasonable risk. |
LVIP Fidelity Institutional AM®
Total Bond Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximum current income (yield)
consistent with a prudent
investment strategy. |
LVIP Franklin Templeton Core
Bond Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor Emerging Markets Equity
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor International Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor Large Cap Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor SMID Cap Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A high level of current income
with some consideration given to
growth of capital. A fund of funds. |
LVIP Global Conservative
Allocation Managed Risk Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital growth. |
LVIP Global Equity Managed
Volatility Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
A balance between a high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP Global Growth Allocation
Managed Risk Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A balance between a high level of
current income and growth of
capital, with an emphasis on
growth of capital. A fund of funds. |
LVIP Global Moderate Allocation
Managed Risk Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Current income while maintaining
a stable value of the investors'
shares and preserving the value of
the investors' initial investment. |
LVIP Government Money Market
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize total return by
investing primarily in a diversified
portfolio of intermediate- and
long-term debt securities. |
LVIP JPMorgan Core Bond Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A high level of current income;
capital appreciation is the
secondary objective. |
LVIP JPMorgan High Yield Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Capital appreciation with the
secondary goal of achieving
current income by investing in
equity securities. |
LVIP JPMorgan Mid Cap Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Current income and some capital
appreciation. A fund of funds. |
LVIP JPMorgan Retirement
Income Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximum total return, consistent
with reasonable risk. |
LVIP JPMorgan Short Duration
Bond Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Capital growth over the long term. |
LVIP JPMorgan Small Cap Core
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP JPMorgan U.S. Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
To provide investment results over
a full market cycle that, before
fees and expenses, are superior to
an index that tracks global
equities. |
LVIP Loomis Sayles Global
Growth Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP MFS International Growth
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP MFS Value Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Current income consistent with
the preservation of capital. |
LVIP Mondrian Global Income
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation as
measured by the change in the
value of fund shares over a period
of three years or longer. |
LVIP Mondrian International Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP Nomura Diversified Floating
Rate Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximize long-term capital
appreciation. |
LVIP Nomura Mid Cap Value Fund
- Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Nomura SMID Cap Core
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximize long-term capital
appreciation. |
LVIP Nomura Social Awareness
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Nomura U.S. Growth Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Maximum long-term total return,
with capital appreciation as a
secondary objective. |
LVIP Nomura U.S. REIT Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To seek a high level of current
income consistent with
preservation of capital. |
LVIP PIMCO Low Duration Bond
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To match as closely as practicable,
before fees and expenses, the
performance of the Bloomberg
U.S. Aggregate Index. |
LVIP State Street Bond Index Fund
- Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Bond Index
Fund) |
|
|
|
|
A high level of current income,
with some consideration given to
growth of capital. A fund of funds. |
LVIP State Street Conservative
Index Allocation Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Conservative
Index Allocation Fund) |
|
|
|
|
To provide investment results that,
before fees and expenses,
correspond generally to the total
return of the MSCI Emerging
Markets Index that tracks
performance of emerging market
equity securities. |
LVIP State Street Emerging
Markets Equity Index Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Emerging
Markets Equity Index Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the performance of a
broad market index of non-U.S.
foreign securities. |
LVIP State Street International
Index Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA International
Index Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the performance of the
S&P MidCap 400® Index that
emphasizes stocks of mid-sized
U.S. companies. |
LVIP State Street Mid-Cap Index
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Mid-Cap
Index Fund) |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
A balance between a high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP State Street Moderate Index
Allocation Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Moderate
Index Allocation Fund) |
|
|
|
|
A balance between high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP State Street Moderately
Aggressive Index Allocation Fund
- Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Moderately
Aggressive Index Allocation Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the total rate of return
of common stocks publicly traded
in the United States, as
represented by the S&P 500
Index. |
LVIP State Street S&P 500 Index
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA S&P 500
Index Fund) |
|
|
|
|
To provide investment results that,
before fees and expenses,
correspond generally to the price
and yield performance of an index
that tracks the short-term U.S.
corporate bond market. |
LVIP State Street Short-Term
Bond Index Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Short-Term
Bond Index Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the performance of the
Russell 2000® Index, which
emphasizes stocks of small U.S.
companies. |
LVIP State Street Small-Cap Index
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Small-Cap
Index Fund) |
|
|
|
|
A high level of current income,
with some consideration given to
growth of capital. A fund of funds. |
LVIP Structured Conservative
Allocation Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A balance between a high level of
current income and growth of
capital, with an emphasis on
growth of capital. A fund of funds. |
LVIP Structured Moderate
Allocation Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A balance between high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP Structured Moderately
Aggressive Allocation Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2020 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2030 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2040 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2050 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2060 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize capital appreciation. |
LVIP T. Rowe Price Structured
Mid-Cap Growth Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
High level of current income and
growth of capital, with an
emphasis on growth of capital. A
fund of funds. |
LVIP U.S. Growth Allocation
Managed Risk Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Total return consistent with the
preservation of capital. A fund of
funds. |
LVIP Vanguard Bond Allocation
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. A
fund of funds. |
LVIP Vanguard Domestic Equity
ETF Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term capital appreciation. A
fund of funds. |
LVIP Vanguard International
Equity ETF Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Wellington SMID Cap Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
MFS® VIT Growth Series - Initial
Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT II Technology Portfolio
- Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT III Mid Cap Value
Portfolio - Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT Mid Cap Growth Series
- Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT New Discovery Series -
Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
Total return with an emphasis on
current income, but also
considering capital appreciation. |
MFS® VIT Total Return Bond
Series - Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT Total Return Series -
Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT Utilities Series - Initial
Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
Neuberger Berman AMT Mid Cap
Intrinsic Value Portfolio - I Class |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
|
|
Nomura VIP Asset Strategy Series
- Service Class |
|
|
|
|
Long-term capital appreciation. |
Nomura VIP Emerging Markets
Series - Standard Class |
|
|
|
|
|
|
Nomura VIP Small Cap Value
Series - Standard Class |
|
|
|
|
Maximum real return, consistent
with prudent investment
management. |
PIMCO VIT
CommodityRealReturn® Strategy
Portfolio - Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
To seek maximum total return,
consistent with preservation of
capital and prudent investment
management. |
PIMCO VIT Global Bond
Opportunities Portfolio
(Unhedged) - Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
Maximum real return, consistent
with preservation of real capital
and prudent investment
management. |
PIMCO VIT Real Return Portfolio -
Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
Maximum total return, consistent
with preservation of capital and
prudent investment management. |
PIMCO VIT Total Return Portfolio -
Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
To provide a high level of dividend
income and long-term growth of
capital primarily through
investments in stocks. |
T. Rowe Price Equity Income
Portfolio |
|
|
|
|
High current income consistent
with preservation of capital;
capital appreciation is a secondary
objective. |
Templeton Global Bond VIP Fund -
Class 1
advised by Franklin Advisers, Inc. |
|
|
|
|
Capital appreciation. A fund of
funds. |
TOPS® Aggressive ETF Portfolio -
Class 2 Shares
advised by Valmark Advisers, Inc.
(formerly TOPS® Aggressive
Growth ETF Portfolio) |
|
|
|
|
Income and capital appreciation. A
fund of funds. |
TOPS® Balanced ETF Portfolio -
Class 2 Shares
advised by Valmark Advisers, Inc. |
|
|
|
|
Preserve capital and provide
moderate income and moderate
capital appreciation. A fund of
funds. |
TOPS® Conservative ETF Portfolio
- Class 2 Shares
advised by Valmark Advisers, Inc. |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Capital appreciation. A fund of
funds. |
TOPS® Moderate ETF Portfolio -
Class 2 Shares
advised by Valmark Advisers, Inc.
(formerly TOPS® Moderate
Growth ETF Portfolio) |
|
|
|
|
Capital appreciation. A fund of
funds. |
TOPS® Moderately Aggressive
ETF Portfolio - Class 2 Shares
advised by Valmark Advisers, Inc.
(formerly TOPS® Growth ETF
Portfolio) |
|
|
|
| 1The name of the adviser or sub-adviser is not listed if the name is incorporated into the name of the Underlying Fund or the fund company. 2This fund is subject to an expense reimbursement or a fee waiver arrangement. As a result, this fund’s annual expenses reflect temporary expense reductions. See the fund prospectus for additional information.3The Index to which this fund is managed to is a product of S&P Dow Jones Indices LLC (SPDJI) and has been licensed for use by one or more of the portfolio’s service providers (licensee). Standard & Poor’s®, S&P®, S&P GSCI® and S&P 500® are registered trademarks of S&P Global, Inc. or its affiliates (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). The trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the licensee. The licensee’s products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or their third party licensors, and none of these parties or their respective affiliates or third party licensors make any representation regarding the advisability of investing in such products, nor do they have liability for any errors, omissions, or interruptions of the Index.
|
| Prospectuses Available [Text Block] |
The following is a list of Underlying Funds currently available under the Policy. More information about the Underlying Funds is available in the prospectuses for the funds, which may be amended from time to time and can be found online at www.lfg.com/VULprospectus. You can also request this information at no cost by calling 1-877-533-0117 or by sending an email request to CustServSupportTeam@lfg.com.The current expenses and performance information below reflects fees and expenses of the funds, but does not reflect the other fees and expenses that your Policy may charge. Expenses would be higher and performance would be lower if these charges were included. Each fund’s past performance is not necessarily an indication of future performance.
|
| Portfolio Companies [Table Text Block] |
|
|
|
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term growth of capital. |
AB VPS Discovery Value Portfolio
- Class A
advised by AllianceBernstein L.P. |
|
|
|
|
Long-term growth of capital. |
AB VPS Sustainable Global
Thematic Portfolio - Class A
advised by AllianceBernstein L.P. |
|
|
|
|
Long-term capital appreciation. |
Allspring VT Discovery SMID Cap
Growth Fund - Class 2 |
|
|
|
|
To provide a high level of current
income; capital appreciation is the
secondary consideration. |
American Funds® IS American
High-Income Trust - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
To provide a level of current
income that exceeds the average
yield on U.S. stocks generally and
a growing stream of income over
the years. |
American Funds® IS Capital
Income Builder - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
Long-term growth of capital. |
American Funds® IS Global
Growth Fund - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
Long-term growth of capital. |
American Funds® IS Global Small
Capitalization Fund - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
|
|
American Funds® IS Growth Fund
- Class 2
advised by Capital Research and
Management Company |
|
|
|
|
Long-term growth of capital and
income. |
American Funds® IS Growth-
Income Fund - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term growth of capital. |
American Funds® IS International
Fund - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
To provide as high a level of
current income as is consistent
with the preservation of capital. |
American Funds® IS The Bond
Fund of America - Class 2
advised by Capital Research and
Management Company |
|
|
|
|
To provide a high level of current
income consistent with prudent
investment risk and preservation
of capital. |
American Funds® IS U.S.
Government Securities Fund -
Class 2
advised by Capital Research and
Management Company |
|
|
|
|
Long-term total return and current
income. |
BlackRock Equity Dividend V.I.
Fund - Class I |
|
|
|
|
To maximize total return,
consistent with income generation
and prudent investment
management. |
BlackRock High Yield V.I. Fund -
Class I |
|
|
|
|
|
|
ClearBridge Variable Growth
Portfolio - Class I
advised by Franklin Templeton
Fund Adviser, LLC |
|
|
|
|
Long-term growth of capital. |
ClearBridge Variable Mid Cap
Portfolio - Class I
advised by Franklin Templeton
Fund Adviser, LLC |
|
|
|
|
Long-term growth of capital. |
ClearBridge Variable Small Cap
Growth Portfolio - Class I
advised by Franklin Templeton
Fund Adviser, LLC |
|
|
|
|
Capital appreciation. A fund of
funds. |
DWS Alternative Asset Allocation
VIP Portfolio - Class A
advised by DWS Investment
Management Americas, Inc. |
|
|
|
|
To provide a high level of current
income. |
Eaton Vance VT Floating-Rate
Income Fund - Initial Class |
|
|
|
|
Long-term capital appreciation. |
Fidelity® VIP Contrafund®
Portfolio - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2020
PortfolioSM - Service Class |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2025
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2030
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2035
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2040
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2045
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2050
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2055
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2060
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation
as the fund approaches its target
date and beyond. A fund of funds. |
Fidelity® VIP Freedom 2065
PortfolioSM - Service Class |
|
|
|
|
High total return with a secondary
objective of principal preservation.
A fund of funds. |
Fidelity® VIP Freedom Retirement
PortfolioSM - Service Class
(formerly Fidelity® VIP Freedom
Income PortfolioSM) |
|
|
|
|
To achieve capital appreciation. |
Fidelity® VIP Growth Portfolio -
Service Class |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
As high a level of current income
as is consistent with the
preservation of capital. |
Fidelity® VIP Investment Grade
Bond Portfolio - Service Class |
|
|
|
|
Long-term growth of capital. |
Fidelity® VIP Mid Cap Portfolio -
Service Class |
|
|
|
|
Long-term growth of capital. |
Fidelity® VIP Overseas Portfolio -
Service Class |
|
|
|
|
Above average income and long-
term capital growth, consistent
with reasonable investment risk. |
Fidelity® VIP Real Estate Portfolio
- Service Class |
|
|
|
|
To maximize income while
maintaining prospects for capital
appreciation. |
Franklin Income VIP Fund - Class
1 |
|
|
|
|
Capital appreciation; income is a
secondary consideration. |
Franklin Mutual Shares VIP Fund -
Class 1 |
|
|
|
|
Long-term capital appreciation;
preservation of capital is also an
important consideration. |
Franklin Rising Dividends VIP
Fund - Class 1 |
|
|
|
|
|
|
Franklin Small Cap Value VIP Fund
- Class 2 |
|
|
|
|
Long-term capital growth. |
Franklin Small-Mid Cap Growth
VIP Fund - Class 1 |
|
|
|
|
|
|
Franklin U.S. Government
Securities VIP Fund - Class 1 |
|
|
|
|
Long-term capital appreciation. |
Goldman Sachs VIT Mid Cap
Value Fund - Service Shares |
|
|
|
|
Total return while seeking to
provide volatility management. |
Goldman Sachs VIT Trend Driven
Allocation Fund - Service Shares |
|
|
|
|
Capital growth and income. |
Invesco V.I. Comstock Fund -
Series I Shares |
|
|
|
|
Long-term growth of capital and
income. |
Invesco V.I. Growth and Income
Fund - Series I Shares |
|
|
|
|
|
|
Invesco V.I. Main Street Small Cap
Fund®- Series I Shares |
|
|
|
|
Long-term growth of capital. |
LVIP AllianceBernstein Large Cap
Growth Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term total return using a
strategy that seeks to protect
against U.S. inflation. |
LVIP American Century Inflation
Protection Fund - Service Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital growth, income
is secondary consideration. |
LVIP American Century Mid Cap
Value Fund - Standard Class II
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital growth. |
LVIP American Century Ultra®
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP Baron Growth Opportunities
Fund - Service Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP BlackRock Equity Dividend
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
High total investment return. |
LVIP BlackRock Global Allocation
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize real return,
consistent with preservation of
real capital and prudent
investment management. |
LVIP BlackRock Inflation
Protected Bond Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Total return through a
combination of current income
and long-term capital
appreciation. |
LVIP BlackRock Real Estate Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Channing Small Cap Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Dimensional U.S. Core Equity
1 Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term capital appreciation. |
LVIP Dimensional U.S. Core Equity
2 Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximum long-term total return
consistent with reasonable risk. |
LVIP Fidelity Institutional AM®
Total Bond Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximum current income (yield)
consistent with a prudent
investment strategy. |
LVIP Franklin Templeton Core
Bond Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor Emerging Markets Equity
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor International Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor Large Cap Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize long-term capital
appreciation. |
LVIP Franklin Templeton Multi-
Factor SMID Cap Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A high level of current income
with some consideration given to
growth of capital. A fund of funds. |
LVIP Global Conservative
Allocation Managed Risk Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital growth. |
LVIP Global Equity Managed
Volatility Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
A balance between a high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP Global Growth Allocation
Managed Risk Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A balance between a high level of
current income and growth of
capital, with an emphasis on
growth of capital. A fund of funds. |
LVIP Global Moderate Allocation
Managed Risk Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Current income while maintaining
a stable value of the investors'
shares and preserving the value of
the investors' initial investment. |
LVIP Government Money Market
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize total return by
investing primarily in a diversified
portfolio of intermediate- and
long-term debt securities. |
LVIP JPMorgan Core Bond Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A high level of current income;
capital appreciation is the
secondary objective. |
LVIP JPMorgan High Yield Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Capital appreciation with the
secondary goal of achieving
current income by investing in
equity securities. |
LVIP JPMorgan Mid Cap Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Current income and some capital
appreciation. A fund of funds. |
LVIP JPMorgan Retirement
Income Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximum total return, consistent
with reasonable risk. |
LVIP JPMorgan Short Duration
Bond Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Capital growth over the long term. |
LVIP JPMorgan Small Cap Core
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP JPMorgan U.S. Equity Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
To provide investment results over
a full market cycle that, before
fees and expenses, are superior to
an index that tracks global
equities. |
LVIP Loomis Sayles Global
Growth Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP MFS International Growth
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP MFS Value Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Current income consistent with
the preservation of capital. |
LVIP Mondrian Global Income
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation as
measured by the change in the
value of fund shares over a period
of three years or longer. |
LVIP Mondrian International Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
LVIP Nomura Diversified Floating
Rate Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximize long-term capital
appreciation. |
LVIP Nomura Mid Cap Value Fund
- Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Nomura SMID Cap Core
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Maximize long-term capital
appreciation. |
LVIP Nomura Social Awareness
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Nomura U.S. Growth Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Maximum long-term total return,
with capital appreciation as a
secondary objective. |
LVIP Nomura U.S. REIT Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To seek a high level of current
income consistent with
preservation of capital. |
LVIP PIMCO Low Duration Bond
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To match as closely as practicable,
before fees and expenses, the
performance of the Bloomberg
U.S. Aggregate Index. |
LVIP State Street Bond Index Fund
- Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Bond Index
Fund) |
|
|
|
|
A high level of current income,
with some consideration given to
growth of capital. A fund of funds. |
LVIP State Street Conservative
Index Allocation Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Conservative
Index Allocation Fund) |
|
|
|
|
To provide investment results that,
before fees and expenses,
correspond generally to the total
return of the MSCI Emerging
Markets Index that tracks
performance of emerging market
equity securities. |
LVIP State Street Emerging
Markets Equity Index Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Emerging
Markets Equity Index Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the performance of a
broad market index of non-U.S.
foreign securities. |
LVIP State Street International
Index Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA International
Index Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the performance of the
S&P MidCap 400® Index that
emphasizes stocks of mid-sized
U.S. companies. |
LVIP State Street Mid-Cap Index
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Mid-Cap
Index Fund) |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
A balance between a high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP State Street Moderate Index
Allocation Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Moderate
Index Allocation Fund) |
|
|
|
|
A balance between high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP State Street Moderately
Aggressive Index Allocation Fund
- Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Moderately
Aggressive Index Allocation Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the total rate of return
of common stocks publicly traded
in the United States, as
represented by the S&P 500
Index. |
LVIP State Street S&P 500 Index
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA S&P 500
Index Fund) |
|
|
|
|
To provide investment results that,
before fees and expenses,
correspond generally to the price
and yield performance of an index
that tracks the short-term U.S.
corporate bond market. |
LVIP State Street Short-Term
Bond Index Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Short-Term
Bond Index Fund) |
|
|
|
|
To approximate as closely as
practicable, before fees and
expenses, the performance of the
Russell 2000® Index, which
emphasizes stocks of small U.S.
companies. |
LVIP State Street Small-Cap Index
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation
(formerly LVIP SSGA Small-Cap
Index Fund) |
|
|
|
|
A high level of current income,
with some consideration given to
growth of capital. A fund of funds. |
LVIP Structured Conservative
Allocation Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A balance between a high level of
current income and growth of
capital, with an emphasis on
growth of capital. A fund of funds. |
LVIP Structured Moderate
Allocation Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
A balance between high level of
current income and growth of
capital, with a greater emphasis
on growth of capital. A fund of
funds. |
LVIP Structured Moderately
Aggressive Allocation Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2020 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2030 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2040 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2050 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
The highest total return over time
consistent with an emphasis on
both capital growth and income. A
fund of funds. |
LVIP T. Rowe Price 2060 Fund -
Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
To maximize capital appreciation. |
LVIP T. Rowe Price Structured
Mid-Cap Growth Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
High level of current income and
growth of capital, with an
emphasis on growth of capital. A
fund of funds. |
LVIP U.S. Growth Allocation
Managed Risk Fund - Standard
Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Total return consistent with the
preservation of capital. A fund of
funds. |
LVIP Vanguard Bond Allocation
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. A
fund of funds. |
LVIP Vanguard Domestic Equity
ETF Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Long-term capital appreciation. A
fund of funds. |
LVIP Vanguard International
Equity ETF Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
Long-term capital appreciation. |
LVIP Wellington SMID Cap Value
Fund - Standard Class
advised by Lincoln Financial
Investments Corporation |
|
|
|
|
|
|
MFS® VIT Growth Series - Initial
Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT II Technology Portfolio
- Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT III Mid Cap Value
Portfolio - Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT Mid Cap Growth Series
- Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT New Discovery Series -
Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
Total return with an emphasis on
current income, but also
considering capital appreciation. |
MFS® VIT Total Return Bond
Series - Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT Total Return Series -
Initial Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
MFS® VIT Utilities Series - Initial
Class
advised by Massachusetts
Financial Services Company |
|
|
|
|
|
|
Neuberger Berman AMT Mid Cap
Intrinsic Value Portfolio - I Class |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
|
|
Nomura VIP Asset Strategy Series
- Service Class |
|
|
|
|
Long-term capital appreciation. |
Nomura VIP Emerging Markets
Series - Standard Class |
|
|
|
|
|
|
Nomura VIP Small Cap Value
Series - Standard Class |
|
|
|
|
Maximum real return, consistent
with prudent investment
management. |
PIMCO VIT
CommodityRealReturn® Strategy
Portfolio - Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
To seek maximum total return,
consistent with preservation of
capital and prudent investment
management. |
PIMCO VIT Global Bond
Opportunities Portfolio
(Unhedged) - Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
Maximum real return, consistent
with preservation of real capital
and prudent investment
management. |
PIMCO VIT Real Return Portfolio -
Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
Maximum total return, consistent
with preservation of capital and
prudent investment management. |
PIMCO VIT Total Return Portfolio -
Administrative Class
advised by Pacific Investment
Management Company, LLC |
|
|
|
|
To provide a high level of dividend
income and long-term growth of
capital primarily through
investments in stocks. |
T. Rowe Price Equity Income
Portfolio |
|
|
|
|
High current income consistent
with preservation of capital;
capital appreciation is a secondary
objective. |
Templeton Global Bond VIP Fund -
Class 1
advised by Franklin Advisers, Inc. |
|
|
|
|
Capital appreciation. A fund of
funds. |
TOPS® Aggressive ETF Portfolio -
Class 2 Shares
advised by Valmark Advisers, Inc.
(formerly TOPS® Aggressive
Growth ETF Portfolio) |
|
|
|
|
Income and capital appreciation. A
fund of funds. |
TOPS® Balanced ETF Portfolio -
Class 2 Shares
advised by Valmark Advisers, Inc. |
|
|
|
|
Preserve capital and provide
moderate income and moderate
capital appreciation. A fund of
funds. |
TOPS® Conservative ETF Portfolio
- Class 2 Shares
advised by Valmark Advisers, Inc. |
|
|
|
|
|
|
Fund and
Adviser/Sub-adviser1 |
|
Average Annual Total
Returns (as of 12/31/2025) |
|
|
|
|
|
|
|
Capital appreciation. A fund of
funds. |
TOPS® Moderate ETF Portfolio -
Class 2 Shares
advised by Valmark Advisers, Inc.
(formerly TOPS® Moderate
Growth ETF Portfolio) |
|
|
|
|
Capital appreciation. A fund of
funds. |
TOPS® Moderately Aggressive
ETF Portfolio - Class 2 Shares
advised by Valmark Advisers, Inc.
(formerly TOPS® Growth ETF
Portfolio) |
|
|
|
|
|
| Temporary Fee Reductions, Current Expenses [Text Block] |
This fund is subject to an expense reimbursement or a fee waiver arrangement. As a result, this fund’s annual expenses reflect temporary expense reductions. See the fund prospectus for additional information.
|
| Lincoln Corporate Exec VUL | Fluctuating Investment Performance |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Fluctuating Investment Performance. A Sub-Account will increase and decrease in value according to investment performance of the Underlying Fund. Policy values in the Sub-Accounts are not guaranteed. If you put money into the Sub-Accounts, you assume all the investment risk on that money. A comprehensive discussion of each Sub-Account’s and Underlying Fund’s objective and risk is found in this prospectus and in each Underlying Fund’s prospectus, respectively. You should review these prospectuses before making your investment decision. Your choice of Sub-Accounts and the performance of the Underlying Funds will impact the Policy’s Accumulation Value (may also be referred to in some riders as “Total Account Value”) and will impact how long the Policy remains in force, its tax status, and the amount of Premium you need to pay to keep the Policy in force.
|
| Lincoln Corporate Exec VUL | Policy Values in the Fixed Account |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Policy Values in the Fixed Account. Premium Payments and policy values allocated to the Fixed Account are held in the Company’s General Account. Note that there are significant limitations on your right to transfer amounts in the Fixed Account and, due to these limitations, if you want to transfer the entire balance of the Fixed Account to one or more Sub-Accounts, it may take several years to do so. Therefore, you should carefully consider whether the Fixed Account meets your investment needs. We issue other types of insurance policies and financial products. In addition to any amounts we are obligated to pay in excess of policy value under the Policy, we also pay our obligations under other types of insurance policies and financial products. We are also responsible for providing for all administrative services necessary in connection with the contracts (and bearing all of the associated expenses). Moreover, unlike assets held in the Separate Account, the assets of the General Account are subject to the general liabilities of the Company and, therefore, to the Company’s General Account creditors. In the event of an insolvency of receivership, payments we make from our General Account to satisfy claims under the Policy would generally receive the same priority as our other Owners’ obligations.The General Account is not segregated or insulated from the claims of the insurance company’s creditors. Investors look to the financial strength of the insurance company’s fulfillment of the contractual promises and guarantees we make to you in the Policy, including those relating to the payment of death benefits. Therefore, guarantees provided by the insurance company as to benefits promised in the prospectus are subject to the claims-paying ability of the insurance company and are subject to the risk that the insurance company may not be able to cover or may default on its obligations under those guarantees.For more information, please see the “Lincoln Life, The Separate Account and The General Account” sections of the Statement of Additional Information (SAI) or the “Transfers” section of this prospectus.
|
| Lincoln Corporate Exec VUL | Unsuitable for Short-Term Investment |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Unsuitable for Short-Term Investment. This Policy is intended for long-term financial and investment planning for persons needing death benefit coverage, and it is unsuitable for short-term goals. Your Policy is not designed to serve as a vehicle for frequent trading.
|
| Lincoln Corporate Exec VUL | Policy Lapse |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Policy Lapse. Sufficient Premiums must be paid to keep your Policy in force. There is a risk of lapse if Premiums are too small in relation to the insurance amount and if investment results of the Sub-Accounts you have chosen are adverse or are less favorable than anticipated. Outstanding Policy Loans and Partial Surrenders will increase the risk of lapse.
|
| Lincoln Corporate Exec VUL | Policy Loans Risk |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Policy Loans. Outstanding Policy Loans and accrued interest reduce the Policy's death benefit and Accumulation Value. If at any time the total Debt against your Policy, including interest accrued but not due, equals or exceeds the then current Accumulation Value less Surrender Charges, the Policy will terminate subject to the conditions in the Grace Period provision. If your Policy lapses while a loan is outstanding, the borrowed amount may be taxable to you to the extent your Policy's value exceeds your basis in the Policy. There may be adverse tax consequences in the event that your Policy lapses with an outstanding loan balance.
|
| Lincoln Corporate Exec VUL | Decreasing Death Benefit |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Decreasing Death Benefit. Any outstanding Policy Loans and any amount that you have surrendered will reduce your Policy’s death benefit. Depending upon your choice of death benefit option, adverse performance of the Sub-Accounts you choose may also decrease your Policy's death benefit.
|
| Lincoln Corporate Exec VUL | Consequences of Surrender |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Consequences of Surrender. Partial Surrenders may reduce the policy value and death benefit, and may increase the risk of lapse. To avoid lapse, you may be required to make additional Premium Payments. Full or Partial Surrenders may result in tax consequences.
|
| Lincoln Corporate Exec VUL | Tax Consequences |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Tax Consequences. You should always consult a tax advisor about the application of federal, state and local tax rules to your individual situation. The federal income tax treatment of life insurance is complex and the current tax treatment of life insurance may change. There are other federal tax consequences such as estate, gift and generation skipping transfer taxes, as well as state and local income, estate and inheritance tax consequences.
|
| Lincoln Corporate Exec VUL | Tax Treatment of Life Insurance Contracts |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Tax Treatment of Life Insurance Contracts. Your Policy is designed to qualify for the favorable tax treatment afforded life insurance, including the exclusion of death benefits from income tax, the ability to take distributions and loans over the life of your Policy, and the deferral of taxation of any increase in the value of your Policy. If the Policy does fail to qualify as life insurance, you will be subject to the denial of those important benefits. In addition, if you pay more Premiums than permitted under the federal tax law your Policy will be classified as a Modified Endowment Contract (“MEC”) whereby only the tax benefits applicable to death benefits will apply and distributions will be subject to immediate taxation and to an added penalty tax.
|
| Lincoln Corporate Exec VUL | Tax Law Compliance |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Tax Law Compliance. We believe that the Policy will satisfy the federal tax law definition of life insurance, and we will monitor your Policy for compliance with the tax law requirements. The discussion of the tax treatment of your Policy is based on the current Policy, as well as the current rules and regulations governing life insurance. Please note that changes made to the Policy, as well as any changes in the current tax law requirements, may affect the Policy’s qualification as life insurance or may have other tax consequences.
|
| Lincoln Corporate Exec VUL | Cybersecurity and Business Interruption Risks |
|
| Item 2. Key Information [Line Items] |
|
| Principal Risk [Text Block] |
Cybersecurity and Business Interruption Risks. We rely heavily on our computer systems and those of our business partners and service providers to conduct our business. As such, our business is vulnerable to cybersecurity risks and business interruption risks. These risks include, among other things, the theft, loss, misuse, corruption and destruction of data; interference with or denial of service; attacks on websites or systems; operational disruptions; and unauthorized release of confidential customer or business information. Cybersecurity risks affecting us, any third-party administrators, underlying funds, index providers, intermediaries, and service providers may adversely affect us and/or your Policy. For instance, systems failures and cyberattacks may interfere with our processing of Policy transactions, including order processing; impact our ability to calculate Policy values; cause the release and possible destruction of confidential customer or business information; and/or subject us to regulatory fines, litigation, financial losses or reputational damage. Cybersecurity risks may also impact the issuers of securities in which the Underlying Funds invest (or the securities that compose an Index), which may cause your Policy to lose value. There can be no assurance that systems disruptions, cyberattacks and information security breaches will always be detected, prevented, or avoided in the future. In addition to cybersecurity risks, we are exposed to risks related to natural and man-made disasters, such as (but not limited to) storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts. Any such disasters could interfere with our business and our ability to administer the Policy. For example, they could lead to delays in our processing of Policy transactions, including orders from Policy Owners, or could negatively impact our ability to calculate Policy values. They may also impact the issuers of securities in which the Underlying Funds invest (or the securities that compose an Index), which may cause your Policy to lose value. There can be no assurance that negative impacts associated with natural and man-made disasters will always be avoided.
|
| Lincoln Corporate Exec VUL | Risk of Loss [Member] |
|
| Item 2. Key Information [Line Items] |
|
| Risk [Text Block] |
You can lose money by investing in the Policy, including loss of principal.
|
| Lincoln Corporate Exec VUL | Not Short Term Investment Risk [Member] |
|
| Item 2. Key Information [Line Items] |
|
| Risk [Text Block] |
•This Policy is not a short-term investment vehicle and is not appropriate for an investor who needs ready access to cash.•Charges may reduce the value of your Policy and death benefit.•Tax deferral is more beneficial to investors with a long-time horizon.
|
| Lincoln Corporate Exec VUL | Investment Options Risk [Member] |
|
| Item 2. Key Information [Line Items] |
|
| Risk [Text Block] |
•An investment in the Policy is subject to the risk of poor investment performance of the investment options. Performance can vary depending on the performance of the investment options available under the Policy. •Each investment option(including a Fixed Account investment option) has its own unique risks. You should review each Underlying Fund’s prospectus before making an investment decision.
|
| Lincoln Corporate Exec VUL | Insurance Company Risk [Member] |
|
| Item 2. Key Information [Line Items] |
|
| Risk [Text Block] |
•Any obligations, guarantees, and benefits of the contract including the Fixed Account investment option are subject to the claims-paying ability of Lincoln Life. If Lincoln Life experiences financial distress, it may not be able to meet its obligations to you. More information about Lincoln Life, including its financial strength ratings, is available upon request from Lincoln Life by calling 1-877-533-0117 or by visiting https://www.lfg.com/public/aboutus/investorrelations/financialinformation. •You may obtain our audited statutory financial statements, any unaudited statutory financial statements that may be available as well as ratings information by visiting our website at www.lfg.com/VULprospectus.
|
| Lincoln Corporate Exec VUL | Contract Lapse Risk [Member] |
|
| Item 2. Key Information [Line Items] |
|
| Risk [Text Block] |
•Sufficient Premiums must be paid to keep your Policy in force. There is a risk of lapse if Premiums are too low in relation to the insurance amount and if investment results of the Sub-Accounts you have chosen are adverse or are less favorable than anticipated.•Outstanding Policy Loans (plus interest) and Partial Surrenders will increase the risk of lapse. The death benefit will not be paid if the Policy has lapsed.
|
| Lincoln Corporate Exec VUL | AB VPS Discovery Value Portfolio - Class A |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
AB VPS Discovery Value Portfolio - Class A
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
AllianceBernstein L.P.
|
| Current Expenses [Percent] |
0.82%
|
| Average Annual Total Returns, 1 Year [Percent] |
2.89%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.75%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.55%
|
| Lincoln Corporate Exec VUL | AB VPS Sustainable Global Thematic Portfolio - Class A |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
AB VPS Sustainable Global Thematic Portfolio - Class A
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
AllianceBernstein L.P.
|
| Current Expenses [Percent] |
0.94%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.32%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.28%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.08%
|
| Lincoln Corporate Exec VUL | Allspring VT Discovery SMID Cap Growth Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Allspring VT Discovery SMID Cap Growth Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Current Expenses [Percent] |
1.13%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.39%
|
| Average Annual Total Returns, 5 Years [Percent] |
(2.46%)
|
| Average Annual Total Returns, 10 Years [Percent] |
9.94%
|
| Lincoln Corporate Exec VUL | American Funds® IS American High-Income Trust - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS American High-Income Trust - Class 2
|
| Portfolio Company Objective [Text Block] |
To provide a high level of current income; capital appreciation is the secondary consideration.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.62%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.24%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.60%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.96%
|
| Lincoln Corporate Exec VUL | American Funds® IS Capital Income Builder - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS Capital Income Builder - Class 2
|
| Portfolio Company Objective [Text Block] |
To provide a level of current income that exceeds the average yield on U.S. stocks generally and a growing stream of income over the years.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.52%
|
| Average Annual Total Returns, 1 Year [Percent] |
20.41%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.08%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.59%
|
| Lincoln Corporate Exec VUL | American Funds® IS Global Growth Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS Global Growth Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.65%
|
| Average Annual Total Returns, 1 Year [Percent] |
21.62%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.23%
|
| Average Annual Total Returns, 10 Years [Percent] |
12.17%
|
| Lincoln Corporate Exec VUL | American Funds® IS Global Small Capitalization Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS Global Small Capitalization Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.90%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.64%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.49%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.23%
|
| Lincoln Corporate Exec VUL | American Funds® IS Growth Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS Growth Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.58%
|
| Average Annual Total Returns, 1 Year [Percent] |
20.24%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.37%
|
| Average Annual Total Returns, 10 Years [Percent] |
17.97%
|
| Lincoln Corporate Exec VUL | American Funds® IS Growth-Income Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS Growth-Income Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital and income.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.53%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.06%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.90%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.92%
|
| Lincoln Corporate Exec VUL | American Funds® IS International Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS International Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.72%
|
| Average Annual Total Returns, 1 Year [Percent] |
26.77%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.40%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.00%
|
| Lincoln Corporate Exec VUL | American Funds® IS The Bond Fund of America - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS The Bond Fund of America - Class 2
|
| Portfolio Company Objective [Text Block] |
To provide as high a level of current income as is consistent with the preservation of capital.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.47%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.26%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.14%)
|
| Average Annual Total Returns, 10 Years [Percent] |
2.36%
|
| Lincoln Corporate Exec VUL | American Funds® IS U.S. Government Securities Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
American Funds® IS U.S. Government Securities Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
To provide a high level of current income consistent with prudent investment risk and preservation of capital.
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.75%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.23%)
|
| Average Annual Total Returns, 10 Years [Percent] |
1.70%
|
| Lincoln Corporate Exec VUL | BlackRock Equity Dividend V.I. Fund - Class I |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
BlackRock Equity Dividend V.I. Fund - Class I
|
| Portfolio Company Objective [Text Block] |
Long-term total return and current income.
|
| Current Expenses [Percent] |
0.68%
|
| Average Annual Total Returns, 1 Year [Percent] |
21.54%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.72%
|
| Average Annual Total Returns, 10 Years [Percent] |
11.28%
|
| Lincoln Corporate Exec VUL | BlackRock High Yield V.I. Fund - Class I |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
BlackRock High Yield V.I. Fund - Class I
|
| Portfolio Company Objective [Text Block] |
To maximize total return, consistent with income generation and prudent investment management.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.19%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.79%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.31%
|
| Lincoln Corporate Exec VUL | ClearBridge Variable Growth Portfolio - Class I |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
ClearBridge Variable Growth Portfolio - Class I
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Franklin Templeton Fund Adviser, LLC
|
| Current Expenses [Percent] |
0.87%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.32%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.24%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.47%
|
| Lincoln Corporate Exec VUL | ClearBridge Variable Mid Cap Portfolio - Class I |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
ClearBridge Variable Mid Cap Portfolio - Class I
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Franklin Templeton Fund Adviser, LLC
|
| Current Expenses [Percent] |
0.82%
|
| Average Annual Total Returns, 1 Year [Percent] |
4.35%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.50%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.50%
|
| Lincoln Corporate Exec VUL | ClearBridge Variable Small Cap Growth Portfolio - Class I |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
ClearBridge Variable Small Cap Growth Portfolio - Class I
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Franklin Templeton Fund Adviser, LLC
|
| Current Expenses [Percent] |
0.81%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.23%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.17%)
|
| Average Annual Total Returns, 10 Years [Percent] |
9.38%
|
| Lincoln Corporate Exec VUL | DWS Alternative Asset Allocation VIP Portfolio - Class A |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
DWS Alternative Asset Allocation VIP Portfolio - Class A
|
| Portfolio Company Objective [Text Block] |
Capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
DWS Investment Management Americas, Inc.
|
| Current Expenses [Percent] |
0.93%
|
| Average Annual Total Returns, 1 Year [Percent] |
10.50%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.29%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.89%
|
| Lincoln Corporate Exec VUL | Eaton Vance VT Floating-Rate Income Fund - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Eaton Vance VT Floating-Rate Income Fund - Initial Class
|
| Portfolio Company Objective [Text Block] |
To provide a high level of current income.
|
| Current Expenses [Percent] |
1.19%
|
| Average Annual Total Returns, 1 Year [Percent] |
3.95%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.64%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.43%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Contrafund® Portfolio - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Contrafund® Portfolio - Service Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Current Expenses [Percent] |
0.64%
|
| Average Annual Total Returns, 1 Year [Percent] |
21.42%
|
| Average Annual Total Returns, 5 Years [Percent] |
15.26%
|
| Average Annual Total Returns, 10 Years [Percent] |
15.66%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2020 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2020 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.18%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.73%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.27%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2025 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2025 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.56%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.47%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.41%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.92%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2030 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2030 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.59%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.33%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.13%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.77%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2035 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2035 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.63%
|
| Average Annual Total Returns, 1 Year [Percent] |
16.58%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.44%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.89%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2040 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2040 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.67%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.66%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.89%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.76%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2045 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2045 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.73%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.33%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.98%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2050 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2050 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.68%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.33%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.98%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2055 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2055 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.71%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.33%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2060 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2060 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.75%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.33%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom 2065 PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom 2065 PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. A fund of funds.
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.71%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.33%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Freedom Retirement PortfolioSM - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Freedom Retirement PortfolioSM - Service Class
|
| Portfolio Company Objective [Text Block] |
High total return with a secondary objective of principal preservation. A fund of funds.
|
| Current Expenses [Percent] |
0.46%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.56%
|
| Average Annual Total Returns, 5 Years [Percent] |
2.25%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.34%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Growth Portfolio - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Growth Portfolio - Service Class
|
| Portfolio Company Objective [Text Block] |
To achieve capital appreciation.
|
| Current Expenses [Percent] |
0.65%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.80%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.59%
|
| Average Annual Total Returns, 10 Years [Percent] |
17.33%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Investment Grade Bond Portfolio - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Investment Grade Bond Portfolio - Service Class
|
| Portfolio Company Objective [Text Block] |
As high a level of current income as is consistent with the preservation of capital.
|
| Current Expenses [Percent] |
0.47%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.14%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.06%)
|
| Average Annual Total Returns, 10 Years [Percent] |
2.61%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Mid Cap Portfolio - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Mid Cap Portfolio - Service Class
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Current Expenses [Percent] |
0.65%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.66%
|
| Average Annual Total Returns, 5 Years [Percent] |
10.00%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.48%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Overseas Portfolio - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Overseas Portfolio - Service Class
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Current Expenses [Percent] |
0.82%
|
| Average Annual Total Returns, 1 Year [Percent] |
20.28%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.51%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.82%
|
| Lincoln Corporate Exec VUL | Fidelity® VIP Real Estate Portfolio - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Fidelity® VIP Real Estate Portfolio - Service Class
|
| Portfolio Company Objective [Text Block] |
Above average income and long-term capital growth, consistent with reasonable investment risk.
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
3.04%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.12%
|
| Average Annual Total Returns, 10 Years [Percent] |
3.77%
|
| Lincoln Corporate Exec VUL | Franklin Income VIP Fund - Class 1 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Franklin Income VIP Fund - Class 1
|
| Portfolio Company Objective [Text Block] |
To maximize income while maintaining prospects for capital appreciation.
|
| Current Expenses [Percent] |
0.47%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.87%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.92%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.57%
|
| Lincoln Corporate Exec VUL | Franklin Mutual Shares VIP Fund - Class 1 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Franklin Mutual Shares VIP Fund - Class 1
|
| Portfolio Company Objective [Text Block] |
Capital appreciation; income is a secondary consideration.
|
| Current Expenses [Percent] |
0.69%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.81%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.49%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.80%
|
| Lincoln Corporate Exec VUL | Franklin Rising Dividends VIP Fund - Class 1 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Franklin Rising Dividends VIP Fund - Class 1
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation; preservation of capital is also an important consideration.
|
| Current Expenses [Percent] |
0.64%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.05%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.77%
|
| Average Annual Total Returns, 10 Years [Percent] |
12.37%
|
| Lincoln Corporate Exec VUL | Franklin Small Cap Value VIP Fund - Class 2 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Franklin Small Cap Value VIP Fund - Class 2
|
| Portfolio Company Objective [Text Block] |
Long-term total return.
|
| Current Expenses [Percent] |
0.91%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.65%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.86%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.81%
|
| Lincoln Corporate Exec VUL | Franklin Small-Mid Cap Growth VIP Fund - Class 1 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Franklin Small-Mid Cap Growth VIP Fund - Class 1
|
| Portfolio Company Objective [Text Block] |
Long-term capital growth.
|
| Current Expenses [Percent] |
0.84%
|
| Average Annual Total Returns, 1 Year [Percent] |
2.70%
|
| Average Annual Total Returns, 5 Years [Percent] |
1.27%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.16%
|
| Lincoln Corporate Exec VUL | Franklin U.S. Government Securities VIP Fund - Class 1 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Franklin U.S. Government Securities VIP Fund - Class 1
|
| Portfolio Company Objective [Text Block] |
Income.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.01%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.26%
|
| Average Annual Total Returns, 10 Years [Percent] |
1.39%
|
| Lincoln Corporate Exec VUL | Goldman Sachs VIT Mid Cap Value Fund - Service Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Goldman Sachs VIT Mid Cap Value Fund - Service Shares
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Current Expenses [Percent] |
1.06%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.13%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.77%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.75%
|
| Lincoln Corporate Exec VUL | Goldman Sachs VIT Trend Driven Allocation Fund - Service Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Goldman Sachs VIT Trend Driven Allocation Fund - Service Shares
|
| Portfolio Company Objective [Text Block] |
Total return while seeking to provide volatility management.
|
| Current Expenses [Percent] |
0.96%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.89%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.91%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.77%
|
| Lincoln Corporate Exec VUL | Invesco V.I. Comstock Fund - Series I Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Invesco V.I. Comstock Fund - Series I Shares
|
| Portfolio Company Objective [Text Block] |
Capital growth and income.
|
| Current Expenses [Percent] |
0.75%
|
| Average Annual Total Returns, 1 Year [Percent] |
17.45%
|
| Average Annual Total Returns, 5 Years [Percent] |
15.43%
|
| Average Annual Total Returns, 10 Years [Percent] |
11.95%
|
| Lincoln Corporate Exec VUL | Invesco V.I. Growth and Income Fund - Series I Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Invesco V.I. Growth and Income Fund - Series I Shares
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital and income.
|
| Current Expenses [Percent] |
0.75%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.62%
|
| Average Annual Total Returns, 5 Years [Percent] |
12.85%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.73%
|
| Lincoln Corporate Exec VUL | Invesco V.I. Main Street Small Cap Fund®- Series I Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Invesco V.I. Main Street Small Cap Fund®- Series I Shares
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Current Expenses [Percent] |
0.84%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.70%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.34%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.59%
|
| Lincoln Corporate Exec VUL | LVIP AllianceBernstein Large Cap Growth Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP AllianceBernstein Large Cap Growth Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term growth of capital.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.63%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.00%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.45%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.65%
|
| Lincoln Corporate Exec VUL | LVIP American Century Inflation Protection Fund - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP American Century Inflation Protection Fund - Service Class
|
| Portfolio Company Objective [Text Block] |
Long-term total return using a strategy that seeks to protect against U.S. inflation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.72%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.33%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.62%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.61%
|
| Lincoln Corporate Exec VUL | LVIP American Century Mid Cap Value Fund - Standard Class II |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP American Century Mid Cap Value Fund - Standard Class II
|
| Portfolio Company Objective [Text Block] |
Long-term capital growth, income is secondary consideration.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.86%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.99%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.89%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.12%
|
| Lincoln Corporate Exec VUL | LVIP American Century Ultra Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP American Century Ultra® Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital growth.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.65%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.95%
|
| Lincoln Corporate Exec VUL | LVIP Baron Growth Opportunities Fund - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Baron Growth Opportunities Fund - Service Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
1.15%
|
| Average Annual Total Returns, 1 Year [Percent] |
(10.08%)
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.33%)
|
| Average Annual Total Returns, 10 Years [Percent] |
8.78%
|
| Lincoln Corporate Exec VUL | LVIP BlackRock Equity Dividend Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP BlackRock Equity Dividend Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.66%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.43%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.30%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.58%
|
| Lincoln Corporate Exec VUL | LVIP BlackRock Global Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP BlackRock Global Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
High total investment return.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.72%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.71%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.10%
|
| Lincoln Corporate Exec VUL | LVIP BlackRock Inflation Protected Bond Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP BlackRock Inflation Protected Bond Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize real return, consistent with preservation of real capital and prudent investment management.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.85%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.76%
|
| Average Annual Total Returns, 5 Years [Percent] |
2.61%
|
| Average Annual Total Returns, 10 Years [Percent] |
3.01%
|
| Lincoln Corporate Exec VUL | LVIP BlackRock Real Estate Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP BlackRock Real Estate Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Total return through a combination of current income and long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.86%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.92%
|
| Average Annual Total Returns, 5 Years [Percent] |
2.71%
|
| Average Annual Total Returns, 10 Years [Percent] |
3.68%
|
| Lincoln Corporate Exec VUL | LVIP Channing Small Cap Value Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Channing Small Cap Value Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.88%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.94%
|
| Lincoln Corporate Exec VUL | LVIP Dimensional U.S. Core Equity 1 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Dimensional U.S. Core Equity 1 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.39%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.66%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.14%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.67%
|
| Lincoln Corporate Exec VUL | LVIP Dimensional U.S. Core Equity 2 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Dimensional U.S. Core Equity 2 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.49%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.38%
|
| Average Annual Total Returns, 5 Years [Percent] |
12.83%
|
| Average Annual Total Returns, 10 Years [Percent] |
12.99%
|
| Lincoln Corporate Exec VUL | LVIP Fidelity Institutional AM Total Bond Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Fidelity Institutional AM® Total Bond Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Maximum long-term total return consistent with reasonable risk.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.51%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.72%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.34%)
|
| Average Annual Total Returns, 10 Years [Percent] |
2.54%
|
| Lincoln Corporate Exec VUL | LVIP Franklin Templeton Core Bond Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Franklin Templeton Core Bond Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Maximum current income (yield) consistent with a prudent investment strategy.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.37%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.25%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.44%)
|
| Average Annual Total Returns, 10 Years [Percent] |
2.24%
|
| Lincoln Corporate Exec VUL | LVIP Franklin Templeton Multi-Factor Emerging Markets Equity Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Franklin Templeton Multi-Factor Emerging Markets Equity Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.46%
|
| Average Annual Total Returns, 1 Year [Percent] |
34.31%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.07%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.89%
|
| Lincoln Corporate Exec VUL | LVIP Franklin Templeton Multi-Factor International Equity Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Franklin Templeton Multi-Factor International Equity Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.40%
|
| Average Annual Total Returns, 1 Year [Percent] |
35.59%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.98%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.40%
|
| Lincoln Corporate Exec VUL | LVIP Franklin Templeton Multi-Factor Large Cap Equity Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Franklin Templeton Multi-Factor Large Cap Equity Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.36%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.69%
|
| Average Annual Total Returns, 5 Years [Percent] |
16.18%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.54%
|
| Lincoln Corporate Exec VUL | LVIP Franklin Templeton Multi-Factor SMID Cap Equity Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Franklin Templeton Multi-Factor SMID Cap Equity Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.37%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.59%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.69%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.21%
|
| Lincoln Corporate Exec VUL | LVIP Global Conservative Allocation Managed Risk Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Global Conservative Allocation Managed Risk Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A high level of current income with some consideration given to growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.80%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.79%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.39%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.90%
|
| Lincoln Corporate Exec VUL | LVIP Global Equity Managed Volatility Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Global Equity Managed Volatility Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital growth.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.70%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.51%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.09%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.29%
|
| Lincoln Corporate Exec VUL | LVIP Global Growth Allocation Managed Risk Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Global Growth Allocation Managed Risk Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.79%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.54%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.57%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.20%
|
| Lincoln Corporate Exec VUL | LVIP Global Moderate Allocation Managed Risk Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Global Moderate Allocation Managed Risk Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A balance between a high level of current income and growth of capital, with an emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.80%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.52%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.70%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.65%
|
| Lincoln Corporate Exec VUL | LVIP Government Money Market Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Government Money Market Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Current income while maintaining a stable value of the investors' shares and preserving the value of the investors' initial investment.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.38%
|
| Average Annual Total Returns, 1 Year [Percent] |
3.97%
|
| Average Annual Total Returns, 5 Years [Percent] |
2.98%
|
| Average Annual Total Returns, 10 Years [Percent] |
1.87%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan Core Bond Fund Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan Core Bond Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize total return by investing primarily in a diversified portfolio of intermediate- and long-term debt securities.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.46%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.40%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.04%)
|
| Average Annual Total Returns, 10 Years [Percent] |
2.11%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan High Yield Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan High Yield Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A high level of current income; capital appreciation is the secondary objective.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.68%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.85%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.67%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.82%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan Mid Cap Value Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan Mid Cap Value Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation with the secondary goal of achieving current income by investing in equity securities.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.74%
|
| Average Annual Total Returns, 1 Year [Percent] |
4.72%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.63%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.77%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan Retirement Income Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan Retirement Income Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Current income and some capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.68%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.10%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.39%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.54%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan Short Duration Bond Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan Short Duration Bond Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Maximum total return, consistent with reasonable risk.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.47%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.19%
|
| Average Annual Total Returns, 5 Years [Percent] |
1.87%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.33%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan Small Cap Core Fund Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan Small Cap Core Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Capital growth over the long term.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.77%
|
| Average Annual Total Returns, 1 Year [Percent] |
10.27%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.40%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.95%
|
| Lincoln Corporate Exec VUL | LVIP JPMorgan US Equity Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP JPMorgan U.S. Equity Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
High total return.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.63%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.54%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.69%
|
| Average Annual Total Returns, 10 Years [Percent] |
14.84%
|
| Lincoln Corporate Exec VUL | LVIP Loomis Sayles Global Growth Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Loomis Sayles Global Growth Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To provide investment results over a full market cycle that, before fees and expenses, are superior to an index that tracks global equities.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.77%
|
| Average Annual Total Returns, 1 Year [Percent] |
17.59%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.25%
|
| Lincoln Corporate Exec VUL | LVIP MFS International Growth Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP MFS International Growth Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.79%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.11%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.09%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.73%
|
| Lincoln Corporate Exec VUL | LVIP MFS Value Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP MFS Value Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.61%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.06%
|
| Average Annual Total Returns, 5 Years [Percent] |
10.00%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.10%
|
| Lincoln Corporate Exec VUL | LVIP Mondrian Global Income Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Mondrian Global Income Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Current income consistent with the preservation of capital.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.66%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.39%
|
| Average Annual Total Returns, 5 Years [Percent] |
(3.30%)
|
| Average Annual Total Returns, 10 Years [Percent] |
0.36%
|
| Lincoln Corporate Exec VUL | LVIP Mondrian International Value Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Mondrian International Value Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation as measured by the change in the value of fund shares over a period of three years or longer.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.74%
|
| Average Annual Total Returns, 1 Year [Percent] |
36.38%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.24%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.90%
|
| Lincoln Corporate Exec VUL | LVIP Nomura Diversified Floating Rate Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Nomura Diversified Floating Rate Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Total return.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.64%
|
| Average Annual Total Returns, 1 Year [Percent] |
4.76%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.35%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.77%
|
| Lincoln Corporate Exec VUL | LVIP Nomura Mid Cap Value Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Nomura Mid Cap Value Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Maximize long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.42%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.35%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.72%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.68%
|
| Lincoln Corporate Exec VUL | LVIP Nomura SMID Cap Core Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Nomura SMID Cap Core Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.80%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.85%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.10%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.65%
|
| Lincoln Corporate Exec VUL | LVIP Nomura Social Awareness Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Nomura Social Awareness Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Maximize long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.44%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.06%
|
| Average Annual Total Returns, 5 Years [Percent] |
12.98%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.53%
|
| Lincoln Corporate Exec VUL | LVIP Nomura U.S. Growth Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Nomura U.S. Growth Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.72%
|
| Average Annual Total Returns, 1 Year [Percent] |
22.61%
|
| Average Annual Total Returns, 5 Years [Percent] |
15.81%
|
| Average Annual Total Returns, 10 Years [Percent] |
16.25%
|
| Lincoln Corporate Exec VUL | LVIP Nomura U.S. REIT Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Nomura U.S. REIT Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Maximum long-term total return, with capital appreciation as a secondary objective.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.83%
|
| Average Annual Total Returns, 1 Year [Percent] |
1.02%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.57%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.04%
|
| Lincoln Corporate Exec VUL | LVIP PIMCO Low Duration Bond Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP PIMCO Low Duration Bond Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To seek a high level of current income consistent with preservation of capital.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.60%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.47%
|
| Average Annual Total Returns, 5 Years [Percent] |
1.91%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.24%
|
| Lincoln Corporate Exec VUL | LVIP State Street Bond Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Bond Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To match as closely as practicable, before fees and expenses, the performance of the Bloomberg U.S. Aggregate Index.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.37%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.80%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.73%)
|
| Average Annual Total Returns, 10 Years [Percent] |
1.67%
|
| Lincoln Corporate Exec VUL | LVIP State Street Conservative Index Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Conservative Index Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A high level of current income, with some consideration given to growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.80%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.71%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.57%
|
| Lincoln Corporate Exec VUL | LVIP State Street Emerging Markets Equity Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Emerging Markets Equity Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To provide investment results that, before fees and expenses, correspond generally to the total return of the MSCI Emerging Markets Index that tracks performance of emerging market equity securities.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
33.48%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.41%
|
| Lincoln Corporate Exec VUL | LVIP State Street International Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street International Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To approximate as closely as practicable, before fees and expenses, the performance of a broad market index of non-U.S. foreign securities.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.38%
|
| Average Annual Total Returns, 1 Year [Percent] |
31.18%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.66%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.00%
|
| Lincoln Corporate Exec VUL | LVIP State Street Mid-Cap Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Mid-Cap Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To approximate as closely as practicable, before fees and expenses, the performance of the S&P MidCap 400® Index that emphasizes stocks of mid-sized U.S. companies.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.35%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.13%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.74%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.34%
|
| Lincoln Corporate Exec VUL | LVIP State Street Moderate Index Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Moderate Index Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.64%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.85%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.43%
|
| Lincoln Corporate Exec VUL | LVIP State Street Moderately Aggressive Index Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Moderately Aggressive Index Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A balance between high level of current income and growth of capital, with a greater emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
17.43%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.66%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.18%
|
| Lincoln Corporate Exec VUL | LVIP State Street SP 500 Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street S&P 500 Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To approximate as closely as practicable, before fees and expenses, the total rate of return of common stocks publicly traded in the United States, as represented by the S&P 500 Index.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.23%
|
| Average Annual Total Returns, 1 Year [Percent] |
17.60%
|
| Average Annual Total Returns, 5 Years [Percent] |
14.16%
|
| Average Annual Total Returns, 10 Years [Percent] |
14.55%
|
| Lincoln Corporate Exec VUL | LVIP State Street Short-Term Bond Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Short-Term Bond Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the short-term U.S. corporate bond market.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.36%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.52%
|
| Average Annual Total Returns, 5 Years [Percent] |
2.25%
|
| Lincoln Corporate Exec VUL | LVIP State Street Small-Cap Index Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP State Street Small-Cap Index Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To approximate as closely as practicable, before fees and expenses, the performance of the Russell 2000® Index, which emphasizes stocks of small U.S. companies.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.38%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.46%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.73%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.18%
|
| Lincoln Corporate Exec VUL | LVIP Structured Conservative Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Structured Conservative Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A high level of current income, with some consideration given to growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.59%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.72%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.45%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.61%
|
| Lincoln Corporate Exec VUL | LVIP Structured Moderate Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Structured Moderate Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A balance between a high level of current income and growth of capital, with an emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.56%
|
| Average Annual Total Returns, 1 Year [Percent] |
17.28%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.16%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.59%
|
| Lincoln Corporate Exec VUL | LVIP Structured Moderately Aggressive Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Structured Moderately Aggressive Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
A balance between high level of current income and growth of capital, with a greater emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.59%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.33%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.27%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.32%
|
| Lincoln Corporate Exec VUL | LVIP T. Rowe Price 2020 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP T. Rowe Price 2020 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
The highest total return over time consistent with an emphasis on both capital growth and income. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.64%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.02%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.48%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.87%
|
| Lincoln Corporate Exec VUL | LVIP T. Rowe Price 2030 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP T. Rowe Price 2030 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
The highest total return over time consistent with an emphasis on both capital growth and income. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.67%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.99%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.85%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.87%
|
| Lincoln Corporate Exec VUL | LVIP T. Rowe Price 2040 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP T. Rowe Price 2040 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
The highest total return over time consistent with an emphasis on both capital growth and income. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.71%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.14%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.89%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.21%
|
| Lincoln Corporate Exec VUL | LVIP T. Rowe Price 2050 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP T. Rowe Price 2050 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
The highest total return over time consistent with an emphasis on both capital growth and income. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.73%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.65%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.74%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.05%
|
| Lincoln Corporate Exec VUL | LVIP T. Rowe Price 2060 Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP T. Rowe Price 2060 Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
The highest total return over time consistent with an emphasis on both capital growth and income. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.73%
|
| Average Annual Total Returns, 1 Year [Percent] |
19.77%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.93%
|
| Lincoln Corporate Exec VUL | LVIP T. Rowe Price Structured Mid-Cap Growth Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP T. Rowe Price Structured Mid-Cap Growth Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
To maximize capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.71%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.04%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.41%
|
| Average Annual Total Returns, 10 Years [Percent] |
12.90%
|
| Lincoln Corporate Exec VUL | LVIP U.S. Growth Allocation Managed Risk Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP U.S. Growth Allocation Managed Risk Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
High level of current income and growth of capital, with an emphasis on growth of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.81%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.54%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.49%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.63%
|
| Lincoln Corporate Exec VUL | LVIP Vanguard Bond Allocation Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Vanguard Bond Allocation Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Total return consistent with the preservation of capital. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.36%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.33%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.45%)
|
| Average Annual Total Returns, 10 Years [Percent] |
1.54%
|
| Lincoln Corporate Exec VUL | LVIP Vanguard Domestic Equity ETF Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Vanguard Domestic Equity ETF Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.30%
|
| Average Annual Total Returns, 1 Year [Percent] |
16.47%
|
| Average Annual Total Returns, 5 Years [Percent] |
12.72%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.79%
|
| Lincoln Corporate Exec VUL | LVIP Vanguard International Equity ETF Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Vanguard International Equity ETF Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.32%
|
| Average Annual Total Returns, 1 Year [Percent] |
31.56%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.29%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.14%
|
| Lincoln Corporate Exec VUL | LVIP Wellington SMID Cap Value Fund - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
LVIP Wellington SMID Cap Value Fund - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Lincoln Financial Investments Corporation
|
| Current Expenses [Percent] |
0.78%
|
| Average Annual Total Returns, 1 Year [Percent] |
2.42%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.24%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.53%
|
| Lincoln Corporate Exec VUL | MFS® VIT Growth Series - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT Growth Series - Initial Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.73%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.19%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.10%
|
| Average Annual Total Returns, 10 Years [Percent] |
15.60%
|
| Lincoln Corporate Exec VUL | MFS® VIT II Technology Portfolio - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT II Technology Portfolio - Initial Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.82%
|
| Average Annual Total Returns, 1 Year [Percent] |
16.57%
|
| Average Annual Total Returns, 5 Years [Percent] |
12.45%
|
| Average Annual Total Returns, 10 Years [Percent] |
18.64%
|
| Lincoln Corporate Exec VUL | MFS® VIT III Mid Cap Value Portfolio - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT III Mid Cap Value Portfolio - Initial Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.79%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.98%
|
| Average Annual Total Returns, 5 Years [Percent] |
10.18%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.95%
|
| Lincoln Corporate Exec VUL | MFS® VIT Mid Cap Growth Series - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT Mid Cap Growth Series - Initial Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.81%
|
| Average Annual Total Returns, 1 Year [Percent] |
3.66%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.26%
|
| Average Annual Total Returns, 10 Years [Percent] |
11.60%
|
| Lincoln Corporate Exec VUL | MFS® VIT New Discovery Series - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT New Discovery Series - Initial Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.87%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.96%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.28%)
|
| Average Annual Total Returns, 10 Years [Percent] |
10.74%
|
| Lincoln Corporate Exec VUL | MFS® VIT Total Return Bond Series - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT Total Return Bond Series - Initial Class
|
| Portfolio Company Objective [Text Block] |
Total return with an emphasis on current income, but also considering capital appreciation.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.53%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.17%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.15%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.63%
|
| Lincoln Corporate Exec VUL | MFS® VIT Total Return Series - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT Total Return Series - Initial Class
|
| Portfolio Company Objective [Text Block] |
Total return.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.61%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.16%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.42%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.63%
|
| Lincoln Corporate Exec VUL | MFS® VIT Utilities Series - Initial Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
MFS® VIT Utilities Series - Initial Class
|
| Portfolio Company Objective [Text Block] |
Total return.
|
| Portfolio Company Adviser [Text Block] |
Massachusetts Financial Services Company
|
| Current Expenses [Percent] |
0.78%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.01%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.64%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.49%
|
| Lincoln Corporate Exec VUL | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio - I Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio - I Class
|
| Portfolio Company Objective [Text Block] |
Growth of capital.
|
| Current Expenses [Percent] |
0.85%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.56%
|
| Average Annual Total Returns, 5 Years [Percent] |
10.06%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.75%
|
| Lincoln Corporate Exec VUL | Nomura VIP Asset Strategy Series - Service Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Nomura VIP Asset Strategy Series - Service Class
|
| Portfolio Company Objective [Text Block] |
Total return.
|
| Current Expenses [Percent] |
0.77%
|
| Average Annual Total Returns, 1 Year [Percent] |
16.66%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.07%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.84%
|
| Lincoln Corporate Exec VUL | Nomura VIP Emerging Markets Series - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Nomura VIP Emerging Markets Series - Standard Class
|
| Portfolio Company Objective [Text Block] |
Long-term capital appreciation.
|
| Current Expenses [Percent] |
1.16%
|
| Average Annual Total Returns, 1 Year [Percent] |
81.26%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.81%
|
| Average Annual Total Returns, 10 Years [Percent] |
12.17%
|
| Lincoln Corporate Exec VUL | Nomura VIP Small Cap Value Series - Standard Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Nomura VIP Small Cap Value Series - Standard Class
|
| Portfolio Company Objective [Text Block] |
Capital appreciation.
|
| Current Expenses [Percent] |
0.74%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.16%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.26%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.15%
|
| Lincoln Corporate Exec VUL | PIMCO VIT CommodityRealReturn® Strategy Portfolio - Administrative Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
PIMCO VIT CommodityRealReturn® Strategy Portfolio - Administrative Class
|
| Portfolio Company Objective [Text Block] |
Maximum real return, consistent with prudent investment management.
|
| Portfolio Company Adviser [Text Block] |
Pacific Investment Management Company, LLC
|
| Current Expenses [Percent] |
3.19%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.79%
|
| Average Annual Total Returns, 5 Years [Percent] |
10.55%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.54%
|
| Lincoln Corporate Exec VUL | PIMCO VIT Global Bond Opportunities Portfolio (Unhedged) - Administrative Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
PIMCO VIT Global Bond Opportunities Portfolio (Unhedged) - Administrative Class
|
| Portfolio Company Objective [Text Block] |
To seek maximum total return, consistent with preservation of capital and prudent investment management.
|
| Portfolio Company Adviser [Text Block] |
Pacific Investment Management Company, LLC
|
| Current Expenses [Percent] |
1.15%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.87%
|
| Average Annual Total Returns, 5 Years [Percent] |
17.00%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.47%
|
| Lincoln Corporate Exec VUL | PIMCO VIT Real Return Portfolio - Administrative Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
PIMCO VIT Real Return Portfolio - Administrative Class
|
| Portfolio Company Objective [Text Block] |
Maximum real return, consistent with preservation of real capital and prudent investment management.
|
| Portfolio Company Adviser [Text Block] |
Pacific Investment Management Company, LLC
|
| Current Expenses [Percent] |
1.39%
|
| Average Annual Total Returns, 1 Year [Percent] |
7.85%
|
| Average Annual Total Returns, 5 Years [Percent] |
1.21%
|
| Average Annual Total Returns, 10 Years [Percent] |
3.21%
|
| Lincoln Corporate Exec VUL | PIMCO VIT Total Return Portfolio - Administrative Class |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
PIMCO VIT Total Return Portfolio - Administrative Class
|
| Portfolio Company Objective [Text Block] |
Maximum total return, consistent with preservation of capital and prudent investment management.
|
| Portfolio Company Adviser [Text Block] |
Pacific Investment Management Company, LLC
|
| Current Expenses [Percent] |
0.73%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.89%
|
| Average Annual Total Returns, 5 Years [Percent] |
0.02%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.36%
|
| Lincoln Corporate Exec VUL | T. Rowe Price Equity Income Portfolio |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
T. Rowe Price Equity Income Portfolio
|
| Portfolio Company Objective [Text Block] |
To provide a high level of dividend income and long-term growth of capital primarily through investments in stocks.
|
| Current Expenses [Percent] |
0.74%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.36%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.17%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.51%
|
| Lincoln Corporate Exec VUL | Templeton Global Bond VIP Fund - Class 1 |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
Templeton Global Bond VIP Fund - Class 1
|
| Portfolio Company Objective [Text Block] |
High current income consistent with preservation of capital; capital appreciation is a secondary objective.
|
| Portfolio Company Adviser [Text Block] |
Franklin Advisers, Inc.
|
| Current Expenses [Percent] |
0.50%
|
| Average Annual Total Returns, 1 Year [Percent] |
16.09%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.69%)
|
| Average Annual Total Returns, 10 Years [Percent] |
0.11%
|
| Lincoln Corporate Exec VUL | TOPS® Aggressive ETF Portfolio - Class 2 Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
TOPS® Aggressive ETF Portfolio - Class 2 Shares
|
| Portfolio Company Objective [Text Block] |
Capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Valmark Advisers, Inc.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.83%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.41%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.43%
|
| Lincoln Corporate Exec VUL | TOPS® Balanced ETF Portfolio - Class 2 Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
TOPS® Balanced ETF Portfolio - Class 2 Shares
|
| Portfolio Company Objective [Text Block] |
Income and capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Valmark Advisers, Inc.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
12.85%
|
| Average Annual Total Returns, 5 Years [Percent] |
5.52%
|
| Average Annual Total Returns, 10 Years [Percent] |
6.39%
|
| Lincoln Corporate Exec VUL | TOPS® Conservative ETF Portfolio - Class 2 Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
TOPS® Conservative ETF Portfolio - Class 2 Shares
|
| Portfolio Company Objective [Text Block] |
Preserve capital and provide moderate income and moderate capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Valmark Advisers, Inc.
|
| Current Expenses [Percent] |
0.56%
|
| Average Annual Total Returns, 1 Year [Percent] |
10.15%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.34%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.99%
|
| Lincoln Corporate Exec VUL | TOPS® Moderate ETF Portfolio - Class 2 Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
TOPS® Moderate ETF Portfolio - Class 2 Shares
|
| Portfolio Company Objective [Text Block] |
Capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Valmark Advisers, Inc.
|
| Current Expenses [Percent] |
0.53%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.13%
|
| Average Annual Total Returns, 5 Years [Percent] |
6.92%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.99%
|
| Lincoln Corporate Exec VUL | TOPS® Moderately Aggressive ETF Portfolio - Class 2 Shares |
|
| Item 2. Key Information [Line Items] |
|
| Portfolio Company Name [Text Block] |
TOPS® Moderately Aggressive ETF Portfolio - Class 2 Shares
|
| Portfolio Company Objective [Text Block] |
Capital appreciation. A fund of funds.
|
| Portfolio Company Adviser [Text Block] |
Valmark Advisers, Inc.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
17.99%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.56%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.53%
|
| Lincoln Corporate Exec VUL | Option 1 Death Benefit |
|
| Item 2. Key Information [Line Items] |
|
| Standard Death Benefit [Text Block] |
|
|
Specified Amount, which includes the Accumulation Value as of the
date of the Insured’s death. |
Generally provides a level death
benefit |
|
| Lincoln Corporate Exec VUL | Option 2 Death Benefit |
|
| Item 2. Key Information [Line Items] |
|
| Standard Death Benefit [Text Block] |
|
|
Sum of the Specified Amount plus the Accumulation Value as of the
date of the Insured’s death. |
May increase or decrease over
time, depending on the amount
of Premium paid and the
investment performance of the
underlying Sub-Accounts or the
Fixed Account. |
|
| Lincoln Corporate Exec VUL | Option 3 Death Benefit |
|
| Item 2. Key Information [Line Items] |
|
| Standard Death Benefit [Text Block] |
|
|
Specified Amount plus the accumulated Premiums (all Premiums
paid from the Date of Issue accumulated at the Premium
accumulation rate chosen by you before policy issue and shown in
the Policy Specifications pages), less withdrawals as of the date of
the Insured’s death. |
Will generally increase,
depending on the amount of
Premium paid. |
|
| Lincoln Corporate Exec VUL | Deferred Acquisition Cost (DAC) Tax (Load) |
|
| Item 2. Key Information [Line Items] |
|
| Premium Taxes, Description [Text Block] |
Maximum Deferred Acquisition Cost (DAC) Tax (Load)
|
| Premium Taxes, When Deducted [Text Block] |
When you pay a Premium
|
| Premium Taxes (of Premium Payments), Maximum [Percent] |
2.00%
|
| Lincoln Corporate Exec VUL | Policy Loans |
|
| Item 2. Key Information [Line Items] |
|
| Optional Benefit Charge, Description [Text Block] |
Policy Loan Interest
|
| Optional Benefit Charge, When Deducted [Text Block] |
Annually
|
| Optional Benefit Expense (of Other Amount), Maximum [Percent] |
1.50%
|
| Name of Benefit [Text Block] |
Policy Loans
|
| Purpose of Benefit [Text Block] |
Borrow against the Surrender Value of your Policy.
|
| Optional Benefit [Flag] |
true
|
| Brief Restrictions / Limitations [Text Block] |
•We may limit the amount of your loan so that total Debt under the Policy will not exceed 90% of an amount equal to the Accumulation Value less Surrender Charge.•Amounts transferred to the Loan Account do not participate in the performance of the Sub-Accounts or the Fixed Account.
|
| Name of Benefit [Text Block] |
Policy Loans
|
| Operation of Benefit [Text Block] |
Policy Loans. Outstanding Policy Loans and accrued interest reduce the Policy's death benefit and Accumulation Value. We may limit the amount of your loan so that total Debt under the Policy will not exceed 90% of an amount equal to the Accumulation Value less Surrender Charge. If at any time the total Debt against your Policy, including interest accrued but not due, equals or exceeds the then current Accumulation Value less Surrender Charges, the Policy will terminate subject to the conditions in the Grace Period provision. If your Policy lapses while a loan is outstanding, the borrowed amount may be taxable to you to the extent your Policy's value exceeds your basis in the Policy. Amounts transferred to the Loan Account do not participate in the performance of the Sub-Accounts or the Fixed Account. There may be adverse tax consequences if your Policy lapses with an outstanding loan balance. Please see “Policy Loans” section for additional information.
|
| Lincoln Corporate Exec VUL | Term Insurance Rider |
|
| Item 2. Key Information [Line Items] |
|
| Optional Benefit Charge, Description [Text Block] |
Term Insurance Rider*
|
| Optional Benefit Charge, When Deducted [Text Block] |
Monthly
|
| Optional Benefit Charge, Representative [Text Block] |
Maximum Charge for a Representative Insured (male, age 45, standard non-tobacco): $0.19 per $1,000
|
| Optional Benefit Expense (of Benefit Base), Maximum [Percent] |
83.33%
|
| Optional Benefit Expense (of Benefit Base), Minimum [Percent] |
0.00%
|
| Name of Benefit [Text Block] |
Term Insurance Rider
|
| Purpose of Benefit [Text Block] |
Provides additional annual renewable death benefit coverage on the Insured.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•Available at Policy purchase only.•When included, the rider will automatically renew annually until Attained Age 121.
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| Name of Benefit [Text Block] |
Term Insurance Rider
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| Operation of Benefit [Text Block] |
Term Insurance Rider. The Policy can be issued with a Term Insurance Rider as a portion of the total death benefit. This Rider provides term life insurance on the life of the Insured, which is annually renewable to Attained Age 121. This Rider will continue in effect unless canceled by the Owner. The amount of coverage provided under the rider’s benefit amount varies from month to month.The benefit amount is the target face amount minus the basic Policy Specified Amount. Refer to your Policy Specifications for the benefit amount. The cost of the rider is added to the Monthly Deductions, and is based on the Insured’s premium class, issue age and the number of Policy Years elapsed. We may adjust the monthly rider rate from time to time, but the rate will never exceed the guaranteed cost of insurance rates for the rider for that Policy Year.The rider’s death benefit is included in the total death benefit paid under the Policy.
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| Lincoln Corporate Exec VUL | Change of Insured Rider |
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| Item 2. Key Information [Line Items] |
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| Name of Benefit [Text Block] |
Change of Insured Rider
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| Purpose of Benefit [Text Block] |
Permits a change in the person who is Insured under the Policy.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•Available at Policy purchase or any time after Policy issue by contacting our Administrative Office. •Availability may vary by selling broker dealer. You may obtain information about the optional benefits that are available through your broker dealer by contacting your broker dealer or our Administrative Office. •The new Insured is subject to underwriting requirements.•Policy value requirements apply.•Policy charges applicable to the new Insured may differ from charges applicable to the current Insured.•Any change in Insured is a taxable event.
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| Name of Benefit [Text Block] |
Change of Insured Rider
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| Operation of Benefit [Text Block] |
Change of Insured Rider. With this Rider, you may name a new Insured in place of the current Insured. Underwriting and policy value requirements must be met. There is no separate charge for this Rider. Policy charges applicable to the new Insured may differ from charges applicable to the current Insured. Exercising the Change of Insured Rider is a fully taxable event to the extent that there is taxable gain at the time of the change of Insured.
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| Lincoln Corporate Exec VUL | Customized Benefit Enhancement Rider |
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| Item 2. Key Information [Line Items] |
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| Name of Benefit [Text Block] |
Customized Benefit Enhancement Rider (“CBE”)
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| Purpose of Benefit [Text Block] |
Provides an enhanced Surrender Value under the Policy for up to 15 years.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•Available at Policy purchase only.•Subject to underwriting requirements.•May not be elected if the Earnings Stabilization rider or the Surrender Value and Loan Spread Enhancement Rider have been elected. •Only available upon an Eligible Surrender.
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| Name of Benefit [Text Block] |
Customized Benefit Enhancement Rider (“CBE”)
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| Operation of Benefit [Text Block] |
Customized Benefit Enhancement Rider: The Policy can be issued with a Customized Benefit Enhancement Rider (“CBE”) at no additional charge. It must be elected at application and may not be available on all policies. Availability of this Rider is subject to underwriting requirements and may not be elected if you have elected the Surrender Value and Loan Spread Enhancement Rider.The rider provides a Customized Benefit Enhancement Amount (“CBE Amount”) which is an amount that may be added to the Surrender Value provided under the Policy. The CBE Amount, if any, will be available only upon the Eligible Surrender of your Policy. An “Eligible Surrender” is a Full Surrender of the Policy. Partial Surrenders of less than the full amount of your Policy are not Eligible Surrenders. Please note that a Full Surrender in the course of an exchange of policies pursuant to Section 1035 of the Internal Revenue Code also is not an Eligible Surrender, unless you reside in a state where such an exception is not allowed. The CBE Amount is not a value used when determining whether a Policy will Lapse or in calculating amounts available for Policy loans or Partial Surrenders. Also, if you cancel the Policy during the Right To Examine period, the CBE Amount is not payable. In calculating the CBE Amount, we first determine the Customized Benefit Enhancement Balance (“CBE Balance”). The CBE Balance is the basis for determining the CBE Amount available to you each Policy Year. The CBE Balance reflects premium paid, interest credited, and any partial surrenders taken throughout the Policy Year. We also consider whether or not a Term Insurance Rider has been chosen. These calculations are explained below. The CBE Amount reflects (a) the Policy Years during which the CBE will be available to you; (b) the CBE Percentage Rates; and (c) the Maximum CBE Percentage Rates, which are used with a Term Blend Adjustment Factor, as described further below. The CBE Percentage Rates and the Maximum CBE Percentage Rates are shown on the Rider Specification page of your Policy. Upon the Eligible Surrender of your Policy, the CBE Amount used in calculating the surrender proceeds paid will be only the amount calculated as being available for the then current Policy Year. The CBE Percentage Rates that best suit your financial needs are determined during the financial underwriting process and will not change after the issuance of the Policy with this Rider.Under the terms of the rider, in determining the amount of your Surrender Proceeds, in lieu of the Surrender Value as described in the Policy, we will pay an amount equal to:a.the Policy’s Net Accumulation Value;b.less any accrued loan interest not yet charged; c.plus the CBE Amount, if any.As noted above, in determining the CBE Balance and CBE Amount we consider whether or not you have elected a Term Insurance Rider. Accordingly, assuming you effect an Eligible Surrender:
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| Calculation Method of Benefit [Text Block] |
1. For Policies without a Term Insurance Rider. In the first Policy Year, the CBE Balance will be calculated on any Valuation Day as: (a) the lesser of the cumulative Premiums paid or the Target Premium; minus (b) the sum of any Partial Surrenders; plus (c) any daily interest credited. The CBE Amount payable in the first Policy Year, will be determined on any Valuation Day by multiplying (a) the CBE Balance; by (b) the applicable CBE Percentage Rate.The following example demonstrates a hypothetical Customized Benefit Enhancement Amount calculation at the end of the first Policy Year.Sample Policy:Insured: Male, Standard Non-tobacco, age 40Policy Specified Amount: $3,000,000Premium Paid: $120,000.00Target Premium: $121,113.42CBE Interest Rate: 3.00% annual effective rate equivalent to 0.0081% dailyCBE Percentage Rate: 9%Partial Surrender: $0At the end of the first Policy Year, based on the sample policy above, the CBE Balance can be calculated as the lesser of (a) or (b), minus (c), plus (d), where: (a)Premium paid: $120,000.00;(b)Target Premium: $121,113.42;(c)Partial Surrenders: $0;(d)CBE Interest credited: $3,600;In this example, the CBE Balance calculated at the end of the first Policy Year is $123,600.Based on the sample policy above, the CBE Amount at the end of the first Policy Year is calculated as (d) times (e), where:(d)CBE Balance: $123,600;(e)CBE Percentage Rate: 9%;In this example, the CBE Amount is $11,124.In each Policy Year after the first (i.e. “Subsequent Policy Year”), the beginning CBE Balance on a Policy Anniversary will be calculated based upon: (a) the ending CBE Balance as of the last Valuation Day of the previous Policy Year; less (b) the CBE Amount not taken in the previous Policy Year; less; (c) the sum of any Partial Surrenders transacted in the previous Policy Year, plus (d) any interest credited during the previous Policy Year. The CBE Amount payable in a Subsequent Policy Year will be calculated on any Valuation Day by multiplying the then current CBE Balance by the applicable CBE Percentage Rate. 2. For Policies with a Term Insurance Rider. In the first Policy Year, the CBE Balance will be calculated on any Valuation Day as: (a) the lesser of the cumulative Premiums paid or the Target Premium multiplied by the ratio of the Target Face Amount to the Initial Policy Specified Amount of the base Policy; minus (b) the sum of any Partial Surrenders; plus (c) any daily interest credited. The CBE Amount payable in the first Policy Year will be calculated on any Valuation Day as the lesser of: (a) the CBE Balance multiplied by the product of the Term Blend Adjustment Factor, as described below, and the applicable Maximum CBE Percentage Rate; or (b) the CBE Balance multiplied by applicable CBE Percentage Rate. The following example demonstrates a hypothetical Customized Benefit Enhancement Amount calculation at the end of the first Policy Year.Sample Policy:Insured: Male, Standard Non-tobacco, age 55Policy Specified Amount: $1,500,000Target Face Amount: $2,000,000Premium Paid: $134,100.00Target Premium: $100,612.91CBE Percentage Rate: 10.5%Maximum CBE Percentage Rate: 11%Minimum Adjustment Factor: 0.75Term Blend Adjustment Factor: 0.9375Partial Surrender at end of first year: $10,000CBE Interest Rate: 3.00% annual effective rate equivalent to 0.0081% dailyAt the end of the first Policy Year, based on the sample policy above, the CBE Balance is calculated as the lesser of (a), and (b) times (c) divided by (d); minus (e); plus (f), where: (a)Premium paid: $134,100.00;(b)Target Premium: $100,612.91;(c)Target Face Amount $2,000,000;(d)Policy Specified Amount $1,500,000;(e)Partial Surrenders: $10,000;(f)CBE Interest credited: $4,023In this example, the CBE Balance calculated at the end of the first Policy Year is $128,123.Based on the sample policy above, the CBE Amount at the end of the first Policy Year is calculated as the lesser of (f) times (g) times (h), or (g) times (i), where:(f)Maximum CBE Percentage Rate: 11%(g)CBE Balance: $128,123(h)Term Blend Adjustment Factor: 0.9375(i)CBE Percentage Rate: 10.5%;In this example, the CBE Amount is $13,213.In each of the examples the CBE Amount is added to the Net Accumulation Value (less any accrued loan interest not yet charged) to determine the Surrender Value of the Policy.In each Subsequent Policy Year, the beginning CBE Balance on a Policy Anniversary will be calculated based upon: (a) the ending CBE Balance as of the last Valuation Day of the previous Policy Year; less (b) the CBE Amount not taken in the previous Policy Year; less; (c) the sum of any Partial Surrenders transacted in the previous Policy Year; plus (d) interest credited during the previous Policy Year. The CBE Amount then will be calculated on any Valuation Day as the lesser of: (a) the CBE Balance multiplied by the product of the Term Blend Adjustment Factor, as described below, and the applicable Maximum CBE Percentage Rate; or (b) the CBE Balance multiplied by applicable CBE Percentage Rate. The Term Blend Adjustment Factor will equal (1) plus ((2) multiplied by (3)) where:(1)is the Minimum Adjustment Factor, as shown on the Rider Specifications page.(2)is one minus the Minimum Adjustment Factor.(3)is the ratio of the Base Policy Specified Amount to the Target Face Amount, as shown on the Policy Specifications page. Additional terms to consider:If the Insured dies while the rider is In Force, the Death Benefit Proceeds payable will be equal to the greater of:1.the amount determined under the death benefit option in effect at the time of the Insured's death less any Debt and overdue deductions calculated as of the Insured’s date of death; or2.an amount equal to the Accumulation Value of the Policy plus any applicable CBE Amount available under this Rider on the date of death, multiplied by the applicable percentage shown in the Corridor Percentages Table in the Policy Specifications, less any Debt and overdue deductions as of the Insured’s date of death.If the Policy to which the rider is attached has lapsed and is reinstated pursuant to the Reinstatement provision of the Policy, the rider will also be reinstated.The CBE calculated under the rider is subject to the Deferment of Payments provision of the Policy to which the rider is attached.Additional policies may be added to an existing Case; however all additional policies must follow the same CBE Percentage Rates shown in the CBE Percentage Rates Table on the Rider Specifications page.
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| Lincoln Corporate Exec VUL | Earnings Stabilization Rider |
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| Item 2. Key Information [Line Items] |
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| Name of Benefit [Text Block] |
Earnings Stabilization Rider (“ESR”)
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| Purpose of Benefit [Text Block] |
Provides a targeted return on the Policy’s cash Surrender Value available on full surrender during the first 10 Policy Years.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•Available at Policy purchase only.•Subject to underwriting requirements.•May not be elected if the Customized Benefit Enhancement Rider or the Surrender Value and Loan Spread Enhancement Rider have been elected. •Must provide six months advance notice in writing of intent to surrender. •Only available within the first 10 Policy Years and upon an Eligible Surrender.
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| Name of Benefit [Text Block] |
Earnings Stabilization Rider (“ESR”)
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| Operation of Benefit [Text Block] |
Earnings Stabilization Rider. The Policy can be issued with an Earnings Stabilization Rider (“ESR”) at no additional charge. It must be elected at application and may not be available on all policies. Availability of this Rider is subject to underwriting requirements and may not be elected if you have elected the Customized Benefit Enhancement Rider or the Surrender Value and Loan Spread Enhancement Rider.In order to receive the Full Surrender Value and the Earnings Stabilization Enhancement, you must provide us with six months advance notice in writing of your intent to surrender. If you request a Full Surrender without the six months advance notice, you will receive only the Surrender Value of your Policy without any additional amount provided by this Rider. The Earnings Stabilization Enhancement will not be paid. We reserve the right to waive this notice requirement at any time. Please contact your registered representative to determine if a waiver is currently in effect.This Rider provides an Earnings Stabilization Enhancement which is an amount that will be added to the Surrender Value provided under your Policy upon an Eligible Surrender. The Earnings Stabilization Enhancement is available only within the first 10 Policy Years after the Case Date shown on the Rider Specification page of your Policy. A Case is all in force life insurance policies issued within the same company and the Case Date is the first policy issued under that Case. An “Eligible Surrender” is a Full Surrender of the Policy. Partial Surrenders and withdrawals of less than the full amount of your Policy are not Eligible Surrenders. Please note that a Full Surrender in the course of an exchange of policies pursuant to Section 1035 of the Internal Revenue Code also is not an Eligible Surrender, unless you reside in a state where such an exception is not allowed. The Earnings Stabilization Enhancement is not an amount or value used when determining whether a Policy will Lapse or in calculating amounts available for Policy Loans or Partial Surrenders. Also, if you cancel the Policy during the Right To Examine period, the Earnings Stabilization Enhancement is not payable. Under the terms of the rider, in determining the amount of your Surrender Proceeds in lieu of the Surrender Value as described in your Policy, we will pay an amount equal to:1.The Surrender Value on the date of the Eligible Surrender; plus2.The Earnings Stabilization Enhancement, if any.The Earnings Stabilization Enhancement is calculated each calendar day and is the lesser of (a) or (b), multiplied by (c) where:(a) is the Target Enhancement Amount.(b) is the Maximum Enhancement Amount.(c)is the Earnings Stabilization Multiplier.(a) Target Enhancement Amount. On each calendar day, the Target Enhancement Amount is equal to the Target Surrender Value less the Accumulation Value of your Policy and is guaranteed never to be less than zero. To calculate the Target Enhancement Amount, we first determine the Target Surrender Value. On the Policy Date, the Target Surrender Value is equal to the initial Premium paid. Thereafter, on each calendar day, the Target Surrender Value will be calculated as (1), plus (2), minus (3), plus (4), where:(1) is the Target Surrender Value as of the prior Monthly Anniversary Day.(2) is the sum of all Premiums received since the prior Monthly Anniversary Day.(3) is the sum of any Partial Surrenders since the prior Monthly Anniversary Day. (4) is daily equivalent interest on items (1) and (2) and (3) calculated using the Target Yield Rate as shown on the Rider Specification Pages and below.Target Yield Rate. The Target Yield Rates are not guaranteed and may be changed at any time if future expectations in investment earnings, persistency and/or expenses (including taxes) differ from assumptions made in pricing this life insurance product. The current Target Yield Rates are:
(b) Maximum Enhancement Amount. The Maximum Enhancement Amount is calculated each calendar day while this Rider is in effect, as the sum of (1) plus (2), multiplied by (3), and, if applicable, multiplied by (4) where:(1) is the Maximum Enhancement Premium.(2) is the cumulative Maximum Enhancement Premium for each previous Policy Year.(3) is the applicable Maximum Enhancement Rate.(4) is the Term Blend Adjustment Factor.Maximum Enhancement Premium. The Maximum Enhancement Premium for any given year is calculated as the lesser of (1) or (2) where:(1) is the sum of the Premiums paid during the Policy Year less the sum of any Partial Surrenders during the Policy Year. (2) is the Target Premium for the Policy Year; multiplied by the ratio of the Target Specified Amount to the Basic Policy Specified Amount of your Policy.Maximum Enhancement Rate. The Maximum Enhancement Rate is expressed as a percentage, is not guaranteed and may be changed at any time if future expectations in investment earnings, persistency and/or expenses (including taxes) differ from assumptions made in pricing this life insurance product. The current annual Maximum Enhancement Rates are:
If a Term Insurance Rider is attached to your Policy and in effect, the Maximum Enhancement Amount in any Policy Year will also be multiplied by the Term Blend Adjustment Factor.Term Blend Adjustment Factor. The Term Blend Adjustment Factor is determined at issue and may change as the result of increases, decreases and Partial Surrender. The Term Blend Adjustment Factor will equal (1) multiplied by (2) plus (3) where:(1) is the ratio of the Base Policy Specified Amount to the Target Specified Amount of your Policy, as shown on the Policy Specification page.(2) is 0.25(3) is 0.75The Term Blend Adjustment Factor is equal to 1.0 if no Term Insurance Rider is attached to the Policy or if the Term Insurance Rider on the Policy has been terminated after issue.(c) Earnings Stabilization Multiplier. The Earnings Stabilization Multiplier is calculated by determining the current values of the following: (1)the Fixed Account(2)money market Sub-Accounts; and(3)non-money market Sub-Accounts.We then take the sum of the cumulative current values invested in each investment allocation noted above to determine the Net Accumulation Value of the Policy. Once the Net Accumulation Value of the Policy is determined, we then calculate the Daily Stabilization Factor applicable to the Policy.The Daily Stabilization Factor. The Daily Stabilization Factor is calculated daily on each calendar day as (1) minus (2) multiplied by (3), where:(1) is 1.(2) is 1 minus the Earnings Stabilization Multiplier Floor Rate.(3) is the sum of the Fixed Account and money market Sub-Account values of the Policy divided by the Net Accumulation Value.Earnings Stabilization Multiplier Floor Rate. The Earnings Stabilization Multiplier Floor Rate is not guaranteed and may be changed at any time if future expectations in investment earnings, persistency and/or expenses (including taxes) differ from assumptions made in pricing this life insurance product. The current Earnings Stabilization Multiplier Floor Rate is 50.000%.Once the Daily Stabilization Factor is determined, we then calculate the Earnings Stabilization Multiplier as follows:In the first Policy Year, the Earnings Stabilization Multiplier is calculated on a daily basis as the sum of all Daily Stabilization Factors since the Policy Date divided by the sum of the number of calendar days since the Policy Date. Thereafter, in each subsequent Policy Year the Earnings Stabilization Multiplier is calculated on a daily basis as the sum of the previous 365 Daily Stabilization Factors divided by 365.As noted above, in determining the Earnings Stabilization Enhancement we consider whether or not you have elected a Term Insurance Rider.
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| Calculation Method of Benefit [Text Block] |
For Policies without a Term Insurance Rider. The following example demonstrates a hypothetical “Earnings Stabilization Enhancement” calculation for the first Policy Year for a Policy without a Term Insurance Rider.Sample Policy:Insured: Male, Standard Non-tobacco, age 40Base Policy Specified Amount: $750,000Premium Paid: $25,000Target Premium: $30,279.95Ending Accumulation Value: $22,000Cumulative Target Yield Rate: 5%Maximum Enhancement Rate: 16%Earnings Stabilization Multiplier: 0.80As described above, in order to calculate the Target Enhancement Amount, the Target Surrender Value must be calculated, first. For the sample Policy shown above, at the end of year 1, the Target Surrender Value is calculated as (a) plus (b) minus (c) plus (d), where;(a) Target Surrender Value: $0(b) Premiums received: $25,000(c) Any Partial Surrender: $0(d) Daily equivalent interest on items (a) and (b) calculated using the Cumulative Target Yield Rate that is shown on the Specification Pages included with your Policy: 5% This results in a Target Surrender Value at the end of Policy Year 1 to be $26,250.The Target Enhancement Amount can now be calculated as the Target Surrender Value less the ending Accumulation Value. Therefore, the Target Enhancement Amount is equal to $26,250 - $22,000 = $4,250.We calculate the Maximum Enhancement Amount which is calculated as (a) multiplied by (b), where:(a) the Maximum Enhancement Premium which is equal to the lesser of:(i) the sum of the Premiums paid during the Policy Year; less the sum of any Partial Surrenders during the Policy Year: $25,000 – $0 = $25,000(ii) the Target Premium for the Policy Year multiplied by (Total Specified Amount/Base Specified Amount): $30,279.95 multiplied by ($750,000/$750,000) = $30,279.95; and(b) the applicable Maximum Enhancement Rate: 16% = 0.16Thus, the Maximum Enhancement Amount = $25,000 x 0.16 or $4,000 Accordingly, the Earnings Stabilization Enhancement at the end of year 1 is calculated as (a) times the lesser of (b) or (c):(a) Earnings Stabilization Multiplier = 0.80; (b) Target Enhancement Amount = $4,250; and(c) Maximum Enhancement Amount = $4,000Thus, the Earnings Stabilization Enhancement for year 1 is (0.80 x $4,000) = $3,200 The ending Surrender Value can now be calculated as the ending Accumulation Value for year 1 ($22,000) plus the applicable Earnings Stabilization Enhancement ($3,200) which equals $25,200.For Policies with a Term Insurance Rider. The following example demonstrates a hypothetical “Earnings Stabilization Enhancement” calculation for the first Policy Year for a Policy with a Term Insurance Rider.Sample Policy:Insured: Male, Standard Non-tobacco, age 40Base Policy Specified Amount: $750,000Term Policy Specified Amount: $250,000Premium Paid: $25,000Target Premium: $30,279.95Ending Accumulation Value: $22,000Cumulative Target Yield Rate: 5%Maximum Enhancement Rate: 16%Earnings Stabilization Multiplier: 0.80As described above, in order to calculate the Target Enhancement Amount, the current Target Surrender Value must be calculated, first. For the sample Policy shown above, at the end of year 1, the Target Surrender Value is calculated as (a) plus (b) minus (c) plus (d), where;(a) Target Surrender Value as of the rider’s Effective Date: $0(b) All Premiums received in the first Policy Year: $25,000(c) Any Partial Surrender in the first Policy Year: $0(d) Daily equivalent interest on items (a) and (b) and (c) calculated using the Cumulative Target Yield Rate that is shown on the Specification Pages included with your Policy: 5% Thus, the Target Surrender Value at the end of Policy Year 1 is $26,250.The Target Enhancement Amount can now be calculated as the Target Surrender Value less the ending Accumulation Value. Therefore, the Target Enhancement Amount is equal to $26,250 - $22,000 = $4,250.We calculate the Maximum Enhancement Amount which is calculated as (a) multiplied by (b) multiplied by (c), where:(a) the Maximum Enhancement Premium which is equal to the lesser of:(i) the sum of the Premiums paid during the Policy Year; less the sum of any Partial Surrenders during the Policy Year: $25,000 – $0 = $25,000(ii) the Target Premium for the Policy Year multiplied by (Total Specified Amount/Base Specified Amount): $30,279.95 ($1,000,000/$750,000) = $40,373.27; and(b) the applicable Maximum Enhancement Rate: 16% = 0.16(c) the Term Blend Adjustment Factor multiplied by (Base Specified Amount/Total Specified Amount):
0.75 + 0.25 multiplied by (750,000/1,000,000) = 0.9375Thus, the Maximum Enhancement Amount = $25,000 x 0.16 x 0.9375 or $3,750 Accordingly, the Earnings Stabilization Enhancement at the end of year 1 is calculated as (a) times the lesser of (b) or (c):(a) Earnings Stabilization Multiplier = 0.80; (b) Target Enhancement Amount = $4,250; and(c) Maximum Enhancement Amount = $3,750Thus, the Earnings Stabilization Enhancement for year 1 is (0.80 x $3,750) = $3,000 The ending Surrender Value can now be calculated as the ending Accumulation Value for year 1 ($22,000) plus the applicable Earnings Stabilization Enhancement ($3,000) which equals $25,000.Additional terms to consider:If the Insured dies while the rider is In Force, the Death Benefit Proceeds payable will be equal to the greater of:1.The amount determined under the Death Benefit Option in effect at the time of the Insured's death less any Debt and overdue deductions calculated as of the Insured’s date of death; or2.An amount equal to the Accumulation Value of the Policy plus any applicable Earnings Stabilization Enhancement available under this Rider on the date of death, multiplied by the applicable percentage shown in the Corridor Percentages Table of the Policy Specifications, less any Debt and overdue deductions as of the Insured’s date of death.If the Policy to which the rider is attached has lapsed and is reinstated pursuant to the Reinstatement provision of the Policy, the rider will also be reinstated.Please note that the Earnings Stabilization Enhancement calculated under the rider is subject to the Deferment of Payments provision of the Policy to which the rider is attached.
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| Lincoln Corporate Exec VUL | Surrender Value and Loan Spread Enhancement Rider |
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| Item 2. Key Information [Line Items] |
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| Name of Benefit [Text Block] |
Surrender Value and Loan Spread Enhancement Rider
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| Purpose of Benefit [Text Block] |
Provides lower cash value enhancement in early years for loan spread efficiency in later years.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•Available at Policy purchase only.•Only available within the Surrender Value Enhancement Period and upon an Eligible Surrender.
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| Name of Benefit [Text Block] |
Surrender Value and Loan Spread Enhancement Rider
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| Operation of Benefit [Text Block] |
Surrender Value and Loan Spread Enhancement Rider. The Policy can be issued with a Surrender Value and Loan Spread Enhancement Rider at no additional charge. The rider must be elected at application and may not be available on all policies. Surrender Value Enhancement. If this Rider is included with your Policy and you effect an “Eligible Surrender” within the first four Policy Years (the “Surrender Value Enhancement Period”), the proceeds you will receive will be increased by a certain amount over what you would have received had you not elected this Rider. An “Eligible Surrender” is a Full Surrender of the Policy. Partial Surrenders of less than the full amount of the Policy’s Surrender Value are not “Eligible Surrenders”. Please note that a Full Surrender in the course of an exchange of policies pursuant to Section 1035 of the Internal Revenue Code is also not an Eligible Surrender, unless you reside in a state where such an exception is not allowed.The Surrender Value Enhancement only applies during the Surrender Value Enhancement Period and only while the rider is In Force. It is calculated as follows: (a) multiplied by (b) multiplied by (c) multiplied by (d) where:(a) is the applicable Surrender Value Enhancement Rate (b) is the Term Blend Adjustment Factor; and (c) is the cumulative Surrender Value Enhancement Premium; and (d) is the Surrender Value Enhancement Multiplier (100%, 75% or 50% depending on the Surrender Value and Loan Spread Enhancement option chosen, see below) These terms are explained below.Surrender Value Enhancement Rate. This rate is taken from a table of rates shown in your Policy and is based on our expectations of future investment earnings, persistency and expenses, including taxes. The rate for Policy Year 1 will be as shown in the table of rates in your Policy. The rates in Policy Year 2 through Policy Year 4 will be determined annually and are guaranteed to fall within a range of rates from 10% to 0.25%. At the beginning of Policy Year 5 and thereafter, the rate will be zero.Term Blend Adjustment Factor. If you do not have a Term Insurance Rider in effect under your Policy, the Term Blend Adjustment Factor is equal to 1.0. If a Term Insurance Rider is in effect under your Policy, this factor is calculated as (a) divided by (b) multiplied by (c) plus (d) where:(a) is your Policy Specified Amount on the date of the Eligible Surrender; (b) is the total of your Policy Specified Amount and any additional Specified Amount provided under a Term Insurance Rider in effect as of the date of Eligible Surrender; (c) is .70; (d) is .30. Surrender Value Enhancement Premium. The Surrender Value Enhancement Premium is an amount equal to the lesser of (1) and (2) where:(1) is the sum of the policy Premiums paid during the Policy Year; less the sum of any Partial Surrenders paid during the Policy Year; or (2) is the policy Target Premium for the applicable Policy Year multiplied by the ratio of the Target Specified Amount to the base Policy’s Specified Amount. The Target Premium, Target Specified Amount and base Policy’s Specified Amount are all shown in the Policy. As provided in the Policy, the Target Premium is subject to change based on future changes you make to the Policy (i.e. withdrawals, changes in Specified Amount). Cumulative Surrender Value Enhancement Premium. This is an amount equal to the total of Surrender Value Enhancement Premiums you have paid to date as of the date of the Eligible Surrender.Surrender Value Enhancement Multiplier. This number is found in your Policy and is based on the Surrender Value and Loan Spread Enhancement Option you have selected. The multiplier and Loan Spread Enhancement Option are described below.Loan Spread Enhancement. This Rider offers you the option to receive the full amount of the Surrender Value Enhancement (Surrender Value and Loan Enhancement Option 1) or one of two lesser enhancements (Option 2 or 3) in exchange for a lower net cost of borrowing in later Policy Years.The difference between the interest rate we charge you for Policy Loans and the interest we credit to your Policy’s Loan Collateral Account represents your net cost of borrowing and is called the “Loan Spread.” The amount of your Loan Spread under this Rider is determined by the amount of Surrender Value Enhancement you agree to receive on an Eligible Surrender. At the time of application, you will select a Surrender Value and Loan Spread Enhancement Option which thereafter cannot be changed. Your choice of option will determine:(a) the percentage of the Surrender Value Enhancement amount (the “Surrender Value Enhancement Multiplier” or “Multiplier”) you would receive in the event of an Eligible Surrender; and (b) the Loan Spreads that would be available with respect to any outstanding Policy Loans. Accordingly, if you have outstanding Policy Loans, while the rider is In Force, the Loan Spread is guaranteed not to exceed the Loan Spread Enhancement Rates shown in your Policy for the option you have chosen.
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| Calculation Method of Benefit [Text Block] |
The following example demonstrates a hypothetical Surrender Value Enhancement calculation at the end of Policy Year two.Sample Policy:Insured: Male Standard Non-tobacco, age 40100% Base (No Term)Specified Amount : $2,476,965Target Specified Amount: $2,476,965Premium Payment: $100,000 Single PayTarget Premium: $100,003.18Surrender Value Enhanced Rate: 4%Surrender Value Enhancement Multiplier: 100%Surrender Value: $103,391.04At the end of Policy Year two based on the above sample policy the calculation would be as follows:(a) Surrender Value Enhancement Rate: 4% (b) Term Blend Adjustment Factor: 1 (c) Cumulative Surrender Value Enhancement Premium: $100,000.00 (d) Surrender Value Enhancement Multiplier: 100% Thus, (a) multiplied by (b) multiplied by (c) multiplied by (d) = an enhancement of $4,000.00. This results in a Surrender Value of $107,391.04 after the Surrender Value Enhancement is applied.For example, the currently available Surrender Value and Loan Spread Enhancement Options, Surrender Value Enhancement Multipliers and resulting Loan Spreads are shown in the table below. Referring to the table below, if you chose Option 1, you would receive 100% of the Surrender Value Enhancement calculated as described above. In doing so, your Loan Spread rate for all years would be 0.50%. If you chose Option 2, in exchange for agreeing to receive 75% of the Surrender Value Enhancement, your Policy Loans would experience a Loan Spread rate of 0.50% during the first 10 Policy Years and 0.25% thereafter. Finally, if you chose Option 3, your Loan Spread rate will be 0.50% during the 1st 10 Policy Years and 0% thereafter.
Surrender Value and Loan
Spread Enhancement Option – Surrender
Value Enhancement Multiplier |
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Surrender Value and Loan
Spread Enhancement Option – Surrender
Value Enhancement Multiplier |
Surrender Value
Enhancement amount |
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| It is important to note that, during the Surrender Value Enhancement Period, the amount available under your Policy for Partial Surrenders and loans will not be increased due to this Rider.Also note, the increase in Policy Surrender Value due to the Surrender Value Enhancement may result in an increase in the Death Benefit if required under Section 7702 of the Internal Revenue Code.
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| Lincoln Corporate Exec VUL | Dollar Cost Averaging |
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| Item 2. Key Information [Line Items] |
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| Name of Benefit [Text Block] |
Dollar Cost Averaging
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| Purpose of Benefit [Text Block] |
An investment strategy that divides up the total amount to be invested in one or more Sub-Accounts over a specified period of time. This averages the purchase cost of the assets over time and helps to reduce the potential impact of market volatility.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•Available at Policy issue or any time after Policy issue by contacting our Administrative Office. •Systematically transfers amounts from the account(s) made available by us and specified by you. •Automatically terminates under certain conditions.
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| Name of Benefit [Text Block] |
Dollar Cost Averaging
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| Operation of Benefit [Text Block] |
Dollar Cost Averaging systematically transfers amounts from the account(s) made available by us and specified by you. Transfer allocations may be made to one or more of the Sub-Accounts and the Fixed Account on a monthly or quarterly basis. These transfers do not count against the free transfers available. Transfers may be elected at any time while your Policy is in force. By making allocations on a regularly scheduled basis, instead of on a lump sum basis, you may reduce exposure to market volatility. Dollar Cost Averaging will not assure a profit or protect against a declining market.You may elect Dollar Cost Averaging on your application, or contact our Administrative Office for information.Dollar Cost Averaging terminates automatically:1)if the value in the money market Sub-Account is insufficient to complete the next transfer;2)one week after our Administrative Office receives a request for termination in writing, with adequate authentication;3)after 12 or 24 months (as elected on your application); or4)if your Policy is surrendered.
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| Lincoln Corporate Exec VUL | Automatic Rebalancing |
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| Item 2. Key Information [Line Items] |
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| Name of Benefit [Text Block] |
Automatic Rebalancing
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| Purpose of Benefit [Text Block] |
To periodically restore Sub-Account exposure to a pre-determined level selected by the policyholder to reduce potential risk of exposure to market volatility.
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| Optional Benefit [Flag] |
true
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| Brief Restrictions / Limitations [Text Block] |
•You may select a quarterly, semi-annual or annual basis.•The Fixed Account is not subject to rebalancing.•May be elected, terminated, or the allocation may be changed at any time.
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| Name of Benefit [Text Block] |
Automatic Rebalancing
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| Operation of Benefit [Text Block] |
Automatic Rebalancing periodically restores to a pre-determined level the percentage of policy value allocated to each Sub-Account. The Fixed Account is not subject to rebalancing. The pre-determined level is the allocation initially selected on the application supplement, until changed by the Owner. If Automatic Rebalancing is elected, all Net Premium Payments allocated to the Sub-Accounts will be subject to Automatic Rebalancing. Transfers among the Sub-Accounts as a result of Automatic Rebalancing do not count against the number of free transfers available.Automatic Rebalancing provides a method for reestablishing fixed proportions among your allocations to your Sub-Accounts on a systematic basis. Automatic Rebalancing helps to maintain your allocation among market segments, although it entails reducing your policy values allocated to the better performing segments. Therefore, you should carefully consider market conditions and the investment objectives of each Sub-Account and Underlying Fund before electing to participate in Automatic Rebalancing.You may select Automatic Rebalancing on a quarterly, semi-annual or annual basis. Automatic Rebalancing may be elected, terminated or the allocation may be changed at any time, by contacting our Administrative Office.
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